
UK manufacturers reduce US exports due to tariff uncertainties. A survey reveals that 20% of factories have already reduced exports, with 16% planning to follow. Despite this, the US remains a key market, though manufacturers are shifting towards local sourcing.

US and India strike trade deal easing tariffs and reshaping energy flows. Washington will cut tariffs on Indian goods to 18% as New Delhi commits to ending purchases of Russian oil, a move already reverberating across equity markets, energy supply chains, and bilateral trade expectations.

India and the EU finalise landmark trade agreement. The deal concludes nearly 20 years of negotiations, aiming to enhance economic ties. It will reduce tariffs, expand market access, and bolster supply-chain integration between the two regions.

Inflation edges up as business costs persist. The first rise in UK inflation in six months has renewed scrutiny of consumer-facing industries, with travel, hospitality, and retail businesses absorbing persistent input costs even as headline inflation pressures had been easing.

Businesses are accelerating efforts to modernise supply chains. A new Loftware report reveals connected networks, AI, and cloud systems are central to global resilience and competitiveness as companies face mounting disruption and regulatory pressure.

China ends 2025 with a record $1.2 trillion trade surplus. Exports rose even as U.S. tariffs tightened, driven by electric vehicles and diversified markets. The result highlights China’s external resilience but exposes continued weakness in domestic demand and renewed scrutiny of global trade imbalances.

G7 finance ministers and allied economies are pushing to lessen global dependence on Chinese rare earths. The 10-nation meeting in Washington signalled growing consensus that critical minerals are not just trade goods but strategic assets. Governments are now exploring joint financing models and market coordination to support non-Chinese producers.

Trump has ordered a 25% tariff on nations doing business with Iran. The move, announced via social media, threatens to upend global trade dynamics. Key U.S. partners — from China to India — now face a choice between maintaining commerce with Tehran or risking punitive tariffs on American trade.

UK SMEs may finally have reason for cautious optimism. Rory Crisp-Jones of Jones & Co Finance argues that the Autumn Budget has provided long-awaited stability and renewed incentives to invest — from full expensing and a new 40% First-Year Allowance to a steady 25% corporation tax rate — shifting the balance towards growth.

UK and Canada agree partnership to modernise public services. The deal will expand AI adoption, strengthen semiconductor research, and build collaboration in digital infrastructure between the two countries.