Live Tariffs latest: Trump escalates threats on China, opens negotiations with others CCY - Delayed Quote • USD BTN/BRX (BTNBRX=X) Follow 0.0686 +0.0009 +(1.36%) As of 5:15:46 PM GMT+1. Market Open. Related Currencies News Safe-haven assets: Breaking down what you need to know When the market is volatile, safe haven assets can provide security for your portfolio. Wealth host Brad Smith breaks it all down, explaining how government bonds, gold (GC=F), and stable currencies like the Japanese yen can serve as reliable investments during periods of economic volatility. To watch more expert insights and analysis on the latest market action, check out more Wealth here. EU Offered ‘Zero-for-Zero’ Industrial Goods Tariffs in Talks With U.S. A top European Union official said the bloc offered “zero-for-zero” tariffs for industrial goods during trade discussions with U.S. officials. “We stand ready to negotiate with the U.S.,” European Commission President Ursula von der Leyen said. Von der Leyen added the EU prefers a negotiated solution but is also prepared to respond to U.S. tariffs with countermeasures. Have the Trump tariffs changed how you invest? Vote in our poll Stock markets globally have plummeted since US president Donald Trump unveiled sweeping tariffs last week. Trending tickers: HSBC, Shell, Tesla, Alibaba and International Consolidated Airlines The latest investor updates on stocks that are trending on Monday. Pound edges up as investors abandon dollar hit by trade war Gold retreats from all-time highs amid profit taking. FTSE 100 plummets and US stocks volatile as bear market looms amid Trump tariff worries Trump defended his reciprocal duties on imports, telling reporters: 'Sometimes you have to take medicine to fix something'. How higher house prices are impacting young people's finances Younger people often have tight budgets, and are falling worryingly short on several fronts. Europe Is Prepared to Retaliate but Prefers to Negotiate, Says German Diplomat The European Union is prepared to retaliate against the 20% tariff that its faces from the U.S. if a compromised settlement can’t be reached, Miguel Berger, Germany’s ambassador to the U.K., said in an interview with Sky News on Sunday. Berger described the planned tariffs as “the biggest assault we have seen since the end of the second world war on global trade” but said that negotiation is preferable to the riskier strategy of initiating a trade war. “If we would take counter measures we would hurt our automotive industry twice,” Berger said. 'I've seen how weight loss can be life-changing for patients' Napala Pratini is CEO and co-founder of Habitual, a digital healthcare company helping people with weight loss and habit change. UK Economic Risks and Fiscal Pressures Intensify Fiscal deterioration and weaker debt sustainability pose economic challenges, while 10% US tariffs on UK exports alongside 25% on steel and aluminium harm UK growth. Have you maximised your allowances ahead of the tax year-end? Here's how readers voted Ahead of the tax-year end investors are encouraged to make the most of their annual tax-efficient investment allowances before they reset. Stocks to watch this week: JPMorgan, TSMC, Walgreens Boots Alliance, Levi's and Tesco Earnings preview of key companies reporting this week and what to look out for. Best cash-saving deals as Bank of England holds interest rates Check the best savings accounts to find a top-rated deal that works for you. Europe Shouldn’t Retaliate in Kind to U.S. Tariffs, Says French Finance Minister France’s finance minister said the European Union shouldn’t respond to President Trump's reciprocal tariffs with similar countermeasures as it would hurt Europe’s economy and consumers. "We are working on a package of responses that can go beyond tariffs to bring the U.S. to the negotiating table and reach a balanced agreement," Éric Lombard said in a TV interview on Friday. "If we do like the U.S., if we apply tariffs to all American imports, we will also have a negative effect in Europe," he added. Trillions wiped off global stock markets as Trump's tariffs unleash chaos Trump said the rollout of his tariffs is 'going very well'. UK’s cheapest supermarket revealed A basket of 79 groceries costs £133.73 at the discount retailer. 11 purpose-built rental homes that provide peace of mind Build-to-rent homes are designed specifically to be rented. Germany Dubs Trump's Tariffs 'Inflation Day' President Trump’s tariff announcement was “inflation day,” said Germany's economics minister, Robert Habeck, predicting the measures would cause economic damage to both the U.S. and its trading partners. Habeck, whose party won’t participate in the upcoming coalition led by conservative politician Friedrich Merz, called for negotiations between the U.S. and the European Commission, which sets trade policy for the European Union. How Trump's tariffs will impact your finances and the UK economy Keir Starmer has admitted the US president's trade war will hurt the UK economy. Why Is the Dollar Tumbling? The dollar fell sharply on Thursday, as investors bet President Trump's tariffs will blow back on the U.S. economy. The WSJ Dollar Index fell about 1.5% to its lowest level since mid-October. The Canadian dollar hit a nearly 4-month high.