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Trump tariffs may push U.S. allies toward countries like China, India

U.S. President Donald Trump listens as Indian Prime Minister Narendra Modi speaks during a joint press conference in the East Room at the White House on February 13, 2025 in Washington, DC. Alex Wong | Getty Images News | Getty Images Tariffs from U.S. President Donald Trump could push allies to forge closer relationships with other countries like China and …

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UK monthly GDP data for January

The U.K.’s economy unexpectedly shrank by 0.1% month-on-month in January, official figures showed on Friday. Britain’s Office for National Statistics said the fall was mainly due to a contraction in the production sector. Economists polled by Reuters had expected the country’s GDP to grow by 0.1%. At 7:35 a.m. in London, shortly after the data release, the British pound was …

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