Exports to the US from Chinese online shops such as Temu and Shein have plunged in the face of Donald Trump’s trade war, as shipping from China to the EU has increased. Official Chinese data showed its total e-commerce shipping dropped 65% by volume in the first three months of the year, but rose 28%…
Norway’s state energy company may take Donald Trump’s administration to court after it ordered an “unprecedented” halt to a $2.5bn (£1.87bn) windfarm project off the coast of New York. Equinor is considering its legal options after the US interior secretary, Doug Burgum, ordered the energy company to “immediately halt all construction activities” on an offshore…
Tony Blair has come under criticism from climate experts after warning that any strategy relying on rapidly phasing out fossil fuels is “doomed to fail”. The former prime minister’s comments, published in a new report from the Tony Blair Institute for Global Change (TBI), triggered an internal row within Labour, with some accusing him of…
The British sportscar maker Aston Martin is limiting imports to the US in the face of Donald Trump’s tariffs, while its counterparts Stellantis and Mercedes withdrew their financial guidance for the year, blaming the uncertainty around changing US policy on import levies. Aston Martin, known for producing the cars driven by James Bond in the…
One of Indonesia’s largest nickel-mining companies, which supplies a mineral critical to the global electric car industry, did not tell the public that local drinking water was polluted, according to documents seen by the Guardian. Indonesia has become the world’s biggest producer of nickel, used in the production of wind turbines, solar panels and electric…
The US Department of Justice has begun the first criminal prosecutions of migrants for entering a newly declared military buffer zone created along the border with Mexico, according to court filings, Reuters reports. At least 28 migrants were charged were charged in federal court in Las Cruces, New Mexico, on Monday for crossing into the…
A Reserve Bank rate cut on 20 May appears locked in as new data shows the key measure of underlying inflation has dropped below 3% for the first time in three years. Headline inflation – which includes the impact of government cost-of-living policies such as rebates – held steady at 2.4% in the year to…
“So many things have shocked me about the past 100 days,” says the Guardian US columnist and author of Win Every Argument, Mehdi Hasan. “Even for me, even the person who was saying it’s going to be so bad, it’s much worse than even I thought.” What’s been shocking to Hasan about Donald Trump’s second…
Donald Trump says he will speak to the Australian prime minister about trade, telling reporters he knows the Australian government has been trying to contact him. Australia goes to a federal election on Saturday and while the incumbent, Anthony Albanese, is favoured to win, Trump could be dealing with an alternative prime minister after the…
The UK boss of Ikea has backed calls to pedestrianise Oxford Street as the world’s largest furniture retailer finally opens its delayed store in London’s prime shopping destination. The Swedish company’s three-floor shop in the building that used to be Topshop’s former flagship store, with a mix of meatballs, lampshades and kitchen design assistance, opens…
