Trump's tariffs are meant to promote investment in domestic manufacturing, but experts told Scripps News the reality of relocating supply chains is complicated and will not happen quickly. (Scripps News)

Trump claims tariffs on China will restore U.S. jobs, but experts warn transitioning supply chains may cost billions and take years to achieve. (Scripps News)

President Trump signed an executive order offering US automakers some relief from tariffs. (Scripps News)

MPs have approved plans to save British Steel’s Scunthorpe blast furnaces after an extraordinary sitting of the Commons on Saturday. Emergency legislation giving the Government the power to instruct British Steel to keep the plant open...

Footage of British Steel in Scunthorpe as Parliament debates emergency measures to save the site.

Footage of British Steel in Scunthorpe as Parliament debates emergency measures to save the site. Protesters put up banners in Scunthrope as politicians debate legislative proposals to ensure the operation of British Steel blast is...

An expert tells Scripps News trade agreements, not tariffs, can deliver economic benefits to U.S. producers and consumers. (Scripps News)

Conservative party leader Kemi Badenoch meets staff during her visit to Chemring Countermeasurers Ltd in Salisbury, while on the local election campaign trail.

Sir Keir Starmer called for “cool heads” as global markets plunged in response to Donald Trump’s sweeping tariffs. The Prime Minister said the UK had to “rise together as a nation” in the face of a new era of global instability. The...

Reform UK leader Nigel Farage is joined by candidate for the Mayor of Doncaster Alexander Jones and former Doncaster Rovers chairman John Ryan on the campaign trail for May’s local and mayoral elections.

Hiring at US companies climbed by more than forecast with private payrolls rising by 155,000 in March, according to ADP Research Institute data released Wednesday. Michael McKee reports on Bloomberg Television.

US President Donald Trump's team is finalizing the plans for sweeping tariffs ahead of a Rose Garden event scheduled for 4 p.m. on Wednesday, people familiar with the discussions said. European Commission President Ursula von der Leyen...

Timothy Fiore, chair of the ISM Manufacturing Business Survey Committee, discusses March US factory activity on "Bloomberg The Close." US factory activity contracted in March for the first time this year, with the ISM's manufacturing...

US factory activity contracted for the first time this year in March as the Institute for Supply Management's manufacturing index declined 1.3 points last month to 49. Meanwhile, the number of job openings in the US decreased in February...

Colorado Governor Jared Polis (D) discusses a report saying President Trump's tariff policies could quadruple what Colorado already pays for imports, and states the President's "Liberation Day," is actually "Recession Day." Governor...

Nazak Nikakhtar, Wiley Rein LLP National Security Partner & Former Department of Commerce Undersecretary, weighs in on what she expects from President Trump as he is set to unveil his tariff plan on Wednesday. She states all options are...

President Trump claims his proposed tariffs will boost U.S. manufacturing. (Scripps News)

US President Donald Trump said he plans to start his reciprocal tariff push with "all countries." The White House has yet to outline what tariffs are coming, how they'll be calculated, or what countries will need to do to secure coveted...

Lombard Odier EMEA CIO Nannette Hechler-Fayd'herbe discusses the market impact of upcoming US tariffs on the auto sector. Speaking on Bloomberg Television, she says the impact of tariffs is "not fully priced by markets."...

Andrew Hale, Senior Policy Analyst for Trade Policy at the Heritage Foundation, discusses whether or not April 2nd, known as "Liberation Day" by President Trump, will be the start of a trade war. He talks about how markets need clarity...

The 25% tariff on U.S. car imports is intended to boost U.S. manufacturing. (Scripps News)

US President Donald Trump signed a proclamation to implement a 25% tariff on auto imports. The proclamation specified automobile tariffs would be collected starting at 12:01 a.m. Washington time on April 3. The White House said the...

China is running a trade surplus that the world economy can't "live with," former US President Bill Clinton's top trade official said, warning its exports would face new roadblocks without fixing the domestic causes fueling the...

Tesla's sales have fallen in 10 of the last 12 months in Europe. The Elon Musk-led company registered 16,888 new cars in February, down 40% from a year ago, according to the European Automobile Manufacturers' Association. Bloomberg's...