Business

rump's staggered deadlines have left space for some countries to negotiate, even as he insisted he would stand firm and his administration warned against any retaliation.

The "world as we knew it" is over and the UK "stands ready" to use direct state intervention to shelter industries from the US tariff storm, Prime Minister Keir Starmer said Sunday.

The Reserve Bank has held current interest rates steady, while the prices of essential items such as food, household goods, and electricity remain high.

As President Donald Trump's sweeping global tariffs took effect this weekend, US farmers hoping for a profit this year instead found themselves facing lower crop prices - and the prospect of ceding more ground in foreign markets.