Eshe Nelson

Many important U.S. trading partners are facing higher duties after President Trump, reacting to a Supreme Court setback, set the rate on a new set of global tariffs at 15 percent.

The Supreme Court’s decision to invalidate many of President Trump’s tariffs raised questions about what would become of agreements struck with major U.S. trading partners.

Pandora, known for its charm bracelets, is trying to reduce its exposure to the volatility in silver prices, the latest setback for a company also facing wary consumers and steep tariffs.

The once high-flying Danish drugmaker has struggled to fend off rivals in the weight-loss industry and faces lower prices for its medicines under a deal with President Trump.

After the latest bout of trade turmoil with the United States, European leaders are looking for ways to project strength to the Trump administration, which considers them weak.

The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States.

Britain’s central bank reduced interest rates to 3.75 percent, a move that was welcomed by the government, which has been looking to lower the high cost of living.

BYD, Chery and other Chinese automakers are winning over drivers in Britain, where tariffs are low and buyers are open to new brands.

Some British business owners are determined to keep their access to American consumers, but they are facing trade-offs.

Rachel Reeves, the top economic official in an increasingly unpopular government, will appear in Parliament to present tax and spending plans.