One company ruing its exposure to tariffs was the car distributor Inchcape. It reported a 5% fall in first quarter revenue and warned that US tariffs on the sector could potentially impact supply ...

In one year kernels, which are largely grown in either the US or Iran, have surged from $7.65 a pound to around $10.30 a pound, Giles Hacking, from nut trader CG Hacking, told the Financial Times.

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