U.S. president Donald Trump announces he will introduce 100% tariffs on foreign films brought into the United States
U.S. president Donald Trump announces he will introduce 100% tariffs on foreign films brought into the United States.
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Business
The latest business reporting from The Belfast Herald.
Nigeria fully repays its US$3.4 billion debt to the International Monetary Fund that it borrowed during the COVID-19 pandemic.
Nigeria fully repays its US$3.4 billion debt to the International Monetary Fund that it borrowed during the COVID-19 pandemic. It is expected to pay some residual honorary charges for special withdrawing rights of US$30 million annually.
United States and Ukraine sign the Ukraine–United States Mineral Resources Agreement to share profits from the future sales of Ukraine's mineral and energy reserves
The United States and Ukraine sign the Ukraine–United States Mineral Resources Agreement to share profits from the future sales of Ukraine's mineral and energy reserves.
Germany cuts 2025 growth forecast to zero amid trade tensions
The German government reduced its 2025 economic growth forecast to zero, attributing the downturn to U.S. trade policies. Bundesbank warns of possible slight recession, while industry faces pressure from tariffs and global competition.
British government passes emergency legislation to control some management decisions at British Steel in order to prevent the closure of the Jingye Group-owned…
The British government passes emergency legislation to control some management decisions at British Steel in order to prevent the closure of the Jingye Group-owned Scunthorpe Steelworks.
Trump admin exempts smartphones and computers from reciprocal tariffs
The U.S. administration has exempted smartphones, computers, and related electronics from reciprocal tariffs, including the 10% global tariff and 125% levy on Chinese imports. A separate 20% tariff on Chinese goods remains in effect for these products.
Cabinet Office to cut 2,100 roles as part of civil service reform
The Cabinet Office will reduce its workforce by around 2,100 positions, approximately one-third of its total staff, as part of government-wide spending reductions and civil service restructuring.
Universal selects Bedfordshire site for UK theme park
Universal Destinations & Experiences has selected a site near Kempston Hardwick in Bedfordshire for its first European theme park, set to open in 2031 on 476 acres of former industrial land.