China-US tariff war could be reaching stalemate, but more danger lingers

China-US tariff war could be reaching stalemate, but more danger lingers

China's most recent retaliation raises the stakes, but it does so within what are now relatively predictable parameters.The latest tariff hike follows the pattern we have seen throughout the week, when Chinese retaliation has exactly matched what Donald Trump has done.There is, however, one key difference to the announcement this time.China has said that anything further is just a "numbers game" and they will simply ignore any subsequent raises from Trump.There's a sense they are calling time on what has […]

11/04/2025 4

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‘Wolf of Wall Street’ breaks silence on Trump’s tariffs

'Wolf of Wall Street' Jordan Belfort has told Sky News there's "no way" Donald Trump is guilty of insider trading or market manipulation.Opponents say the president has questions to answer after he said it was a "great time to buy" shares - four hours before the stock market surged on Wednesday when he paused tariffs.Mr Belfort told Gillian Joseph the fact Mr Trump made the statement on social media meant it was public, rather than him tipping off a few […]

11/04/2025 1

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Egg prices reach record high in US – why are they so expensive?

The price of eggs has reached a record high in the US.The average price for a dozen eggs reached $6.23 (£4.82) in March, despite a drop in wholesale prices and no egg farms having outbreaks of bird flu.The country has been experiencing record-high prices since the beginning of the year, hitting $5.90 in February, according to the US Bureau of Labor Statistics, more than double the long-term average of $2 (£1.54).Although the wholesale price of eggs had started to decline […]

10/04/2025 1

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Weezer bassist’s wife shot and arrested on suspicion of attempted murder

Weezer bassist's wife shot and arrested on suspicion of attempted murder | Ents & Arts News | Sky News The 51-year-old was alleged to have pointed a handgun at officers who were pursuing a hit-and-run suspect through her back garden.Thursday 10 April 2025 09:09, UK Image: Jillian Lauren was shot and arrested on suspicion of attempted murder. Pic: Getty Why you can trust Sky NewsA US author - the wife of Weezer bassist Scott Shriner - has been shot and […]

10/04/2025 1

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The logistical and engineering wonder on the frontline of Trump’s global trade war

The market rollercoaster of the past week - the tariffs, the jeopardy, the brinkmanship - has highlighted the remarkable nature of an interconnected world we take for granted.There are many frontlines in this global trade war and the port of Duluth-Superior is one. It is a logistical and an engineering wonder.In the northernmost part of the United States, near the border with Canada, there is no seaport anywhere in the world as far inland as this.The sea is more than […]

10/04/2025 15

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Trump has finally blinked – but it’s not the stock markets that have forced him to act

Chalk this one up to the bond vigilantes. This is the term used periodically to describe investors who push back against what are perceived to be irresponsible fiscal or monetary policies by selling government bonds, in the process pushing up yields, or implied borrowing costs.Most of the focus on markets in the wake of Donald Trump's imposition of tariffs on the rest of the world has, in the last week, been about the calamitous stock market reaction.This was previously something […]

09/04/2025 17

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