‘He would turn us against him’: Trump’s tariff reductions alienate ranchers
President’s affordability measures undercut cattle producers in favour of consumers
Economic news
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JPMorgan pulls $350bn from Fed to buy up Treasuries
Biggest US bank has moved to lock in higher yields ahead of central bank rate cuts
Investors pile into Venezuelan debt in regime change bet
Bonds have risen sharply to the highest level since 2019 as the Trump administration increases pressure on Maduro
Trump orders blockade on sanctioned oil tankers off Venezuela
US president says military build-up will continue until return of oil and assets ‘they previously stole from us’
UK backs £150mn package for Ineos’s Grangemouth chemical plant
Government says investment will protect 500 jobs at a time when facilities across Europe are being shut down
Andersen valued at $1.75bn in IPO for consulting spin-off of Enron auditor
Former Arthur Andersen partners raise $176mn after pricing shares at top of range