ECONOMY
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ECONOMY
UK economy faces recession as energy costs soar amid war on Iran
Britain's economy is expected to remain stagnant in May as the economic impact of the US-Israeli aggression against Iran continues to weaken growth.
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CHINA
China halts liquefied natural gas imports from US amid tariff war
China has suspended all imports of liquefied natural gas (LNG) from the US since early February, amid an escalating trade war between the two countries.
IN-DEPTH
Negative impact of Trump tariffs on UK economy
Donald Trump announced new tariffs on imported goods into the US, including a 10% tariff on UK goods, in response to foreign tariffs on American goods. This could lead to job losses in UK industries reliant on the US market.
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