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Trade Warsin Financial Markets
5 hours ago

US tariffs strain China's solar industry, while South Korea seeks balanced trade with the US. Trump's abrupt end to Canada talks dashes hopes for tariff resolutions, highlighting global trade tensions.

Financial Markets
The benefits U-turn raises deeper questions about the credibility of Labour's long-term plan
negativeFinancial Markets
The UK government is facing serious scrutiny after backtracking on a key benefits policy, casting doubt on Labour's ability to stick to long-term plans. According to the BBC's Faisal Islam, ministers are trapped by the fallout and don’t seem to have a clever way out—making them look either indecisive or unreliable.
Editor’s Note: When a government flip-flops on big decisions, it doesn’t just annoy voters—it makes people question whether they can trust future promises. This isn’t just about one policy change; it’s about whether Labour can deliver stability or if they’re just scrambling to put out fires. For anyone watching British politics, that’s a worrying sign.
Starmer U-turns on benefits cuts after Labour backlash
negativeFinancial Markets
Labour leader Keir Starmer has backtracked on plans to cut disability benefits for existing claimants following pushback from within his own party. The revised policy now only applies to new applicants, shielding current recipients from immediate changes—a move likely aimed at easing internal tensions while still signaling fiscal restraint.
Editor’s Note: This isn’t just about benefits—it’s a glimpse into Labour’s balancing act between party unity and economic messaging. Starmer’s U-turn suggests internal pressure is shaping policy, which could fuel doubts about his leadership consistency ahead of the election. For vulnerable households, even partial cuts stir anxiety, making this both a political and human story.

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