GBP/USD 1.373 EUR/GBP 0.858 GBP/JPY 197.586 EUR/USD 1.179 GBP/AUD 2.088 USD/JPY 143.888 USD/CAD 1.361 AUD/USD 0.658 CAD/JPY 105.749 EUR/CAD 1.604 GBP/CAD 1.868 AUD/CAD 0.895 AUD/JPY 94.648 AUD/NZD 1.080 EUR/AUD 1.792 GBP/USD 1.373 EUR/GBP 0.858 GBP/JPY 197.586 EUR/USD 1.179 GBP/AUD 2.088 USD/JPY 143.888 USD/CAD 1.361 AUD/USD 0.658 CAD/JPY 105.749 EUR/CAD 1.604 GBP/CAD 1.868 AUD/CAD 0.895 AUD/JPY 94.648 AUD/NZD 1.080 EUR/AUD 1.792
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Finance News – Tariffs

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BBC Business • May 08, 2025

US and UK agree deal slashing Trump tariffs on cars and metals

The new agreement between the US and UK reduces certain trade barriers on vehicles and metals while maintaining a 10% duty on the majority of British exports to the United States.

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MarketWatch Top Stories • May 08, 2025

Coinbase expects lower subscription revenue, and a lot more went wrong for the crypto exchange

Coinbase anticipates reduced income from its subscription services due to declining cryptocurrency market conditions influenced by trade tariffs and broader economic challenges, im...

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Cointelegraph • May 08, 2025

Why is XRP price up today?

XRP’s recent price increase reflects growing investor interest driven by positive market sentiment, significant token accumulation by large holders, and a technical breakout that m...

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The Guardian – Business • May 08, 2025

Trump hails trade deal with ‘oldest ally’ UK – but what about the details?

The proposed commercial arrangement between the U.S. and the UK promises potential economic benefits, though experts emphasize that key financial terms and conditions have yet to b...

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Financial Times • May 08, 2025

Cars, cows, crops: the winners and losers from Trump’s trade deal with Britain

The trade agreement between the UK and the US has altered export costs, but experts note that the UK continues to encounter increased tariffs on goods compared to conditions prior...

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The Guardian – Business • May 08, 2025

Britain hasn’t agreed a trade deal with the US – it’s ended a hostage negotiation | Gaby Hinsliff

The recent agreement between the UK and the US provides temporary relief for certain manufacturing sectors by easing tariffs, potentially preserving jobs, but it lacks long-term st...

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Financial Times • May 08, 2025

Months of talks, then a late scramble: how the UK finally struck a US trade deal

After prolonged negotiations, the UK secured a trade agreement with the US that aims to reduce tariff-related costs and support economic stability between the two countries.

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The Guardian – Business • May 08, 2025

New UK-US trade deal is a relief for Starmer but doubts, and tariffs, remain

The recent US-UK agreement lowers tariffs on key automotive exports, providing financial benefits to manufacturers, though uncertainties and limited broader economic changes contin...

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Quartz • May 08, 2025

Tariffs are already unleashing 'crony capitalism' and it’s 'terrifying,' Ken Griffin says

Ken Griffin warns that the current trade restrictions may increase opportunities for favoritism in business, potentially undermining fair market competition and affecting economic...

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Cointelegraph • May 08, 2025

Missouri bill ending capital gains tax heads to governor for signature

If signed into law, the Missouri bill would allow residents to fully exclude investment earnings from state taxation, potentially affecting state revenue and influencing individual...

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Financial Post Top Stories • May 08, 2025

What's in the U.S.-U.K. trade deal and what does it mean for Canada?

The agreement provides tariff reductions on certain steel and aluminum products between the U.S. and U.K., potentially influencing trade costs and economic relations in the region,...

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Quartz • May 08, 2025

Trump says tariffs won't go lower than 10% — and 'some will be much higher'

The announcement that tariffs will remain at a minimum of 10% and could increase further indicates sustained or heightened costs on imported goods, potentially impacting trade expe...

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ABC News Business • May 08, 2025

US and UK strike deal as Trump slashes tariffs on British steel, cars

The agreement between the US and UK marks a key shift in trade policy, potentially lowering costs for manufacturers and consumers by easing previously imposed duties on steel and a...

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CNBC Business • May 08, 2025

Trump unveils United Kingdom trade deal, first since 'reciprocal' tariff pause

The newly announced trade agreement between the U.S. and the United Kingdom marks a significant step in financial relations, potentially enhancing bilateral commerce following a te...

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The Guardian – Business • May 08, 2025

Starmer announces tariff cuts on UK cars, steel and aluminium in US trade deal – video

The new agreement reduces American import fees on British automobiles, steel, and aluminium, potentially boosting exports and strengthening economic ties between the UK and the US.

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The Guardian – Business • May 08, 2025

Trump and Starmer confirm ‘breakthrough’ US-UK trade deal

The new agreement between the United States and United Kingdom is anticipated to significantly reduce duties on key industrial and automotive products, potentially enhancing bilate...

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CNBC Business • May 08, 2025

Shopify stock slips on light guidance, company notes tariff 'uncertainty'

Shopify’s recent forecast indicates cautious expectations due to unpredictable tariff impacts, suggesting that future financial performance may face challenges despite efforts to m...

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MarketWatch Top Stories • May 08, 2025

Egg lovers can’t get a break. Vital Farms to raise prices because of tariffs.

Due to increased costs associated with trade tariffs, Vital Farms informed major retailers that they will implement a price increase of at least 10% on eggs starting this month.

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Financial Post Top Stories • May 08, 2025

Trump's film tariffs could blow 'massive hole' in Canada's economy

The proposed levies on movie productions may create economic challenges for Canada, as uncertainty in the industry could lead to reduced investments and cautious decision-making am...

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CNBC Business • May 08, 2025

Trump says 10% is floor for tariffs; 'Some will be much higher'

President Trump's statement indicates that tariffs on imports will not drop below 10%, potentially increasing trade costs for certain countries based on their diplomatic relations...

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Quartz • May 08, 2025

Trump announces trade deal with the U.K.

The agreement between the U.S. and the United Kingdom is expected to influence economic relations and market conditions by establishing new terms for imports and exports between th...

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City A.M. • May 08, 2025

Keir Starmer strikes ‘historic’ deal with US in bid to swerve tariffs

The new agreement between the UK and the US aims to reduce potential import taxes, potentially benefiting trade by encouraging smoother market access and financial stability betwee...

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Quartz • May 08, 2025

Toyota says tariffs will cost it $1.3 billion in 2 months

Toyota anticipates a substantial negative impact on its earnings this fiscal year, estimating a $1.3 billion expense over two months as a result of increased trade barriers and ass...

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The Guardian – Business • May 08, 2025

EU targets US aircraft and car exports in new list of potential tariffs

The proposed EU tariffs on various American goods, including vehicles and aircraft, could significantly impact US manufacturers and exporters while prompting a strategic response t...

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Financial Post Top Stories • May 08, 2025

Bank of Canada warns Trump's tariffs could trigger 'market dysfunction'

The Bank of Canada highlights that escalating trade tensions may disrupt financial markets and pose substantial risks to the Canadian economy's overall stability and growth prospec...

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CNBC Business • May 08, 2025

China’s latest stimulus measures fail to impress as investors focus on U.S. trade talks

China’s recent economic incentives have had limited impact on market confidence, as investors prioritize developments in negotiations that could lead to reduced U.S. tariffs on Chi...

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MarketWatch Top Stories • May 08, 2025

Molson Coors says less beer is being drunk due to worries about tariffs and the economy

Molson Coors experienced a decline in stock value following a significant earnings shortfall and revised forecasts, reflecting reduced sales linked to consumer concerns over tariff...

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CBC Business • May 08, 2025

Trump agrees to cut tariffs on U.K. autos, steel and aluminum in planned trade deal

The reduction of import taxes on British vehicles and metals as part of the upcoming agreement is expected to enhance trade efficiency and increase American agricultural exports to...

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City A.M. • May 08, 2025

Bank of England cuts interest rate in split decision 

The reduction in borrowing costs by the Bank of England may influence economic activity by potentially lowering loan expenses and affecting inflation expectations amid ongoing glob...

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BBC Business • May 08, 2025

What could be in the UK-US tariff deal?

The upcoming agreement between the UK and US aims to lower trade barriers, potentially boosting economic activity and affecting import costs across multiple sectors.

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