Trump says he is doubling tariffs on imported steel to 50% – US politics live President makes announcement that he is raising tariff from 25% at Pennsylvania rally celebrating US Steel and Nippon Steel ‘partnership’
Trump announces 50% steel tariffs and hails ‘blockbuster’ deal with Japan President tells Pennsylvania rally tariffs will benefit workers and celebrates Japanese investment in US Steel
Google and Home Depot drop Pride Toronto sponsorship amid Trump’s DEI war Organizer points to president’s anti-diversity push as companies join Adidas and Clorox in withdrawing support
Government sells final shares in NatWest 17 years after £45bn bailout Sale ends state ownership of the banking group, then known as Royal Bank of Scotland, after 2008 rescue
Trump says China ‘totally violated’ tariff truce after US warns trade talks have ‘stalled’ – as it happened Bank of England policymaker plays down inflation risk but says he is ‘pretty concerned’ about the economic outlook
China has ‘totally violated’ its trade agreement with the US, says Trump President took to social media to denounce Beijing in the latest development in his ongoing tariff war
Unions representing Harvard workers fear Trump’s ‘authoritarian turn’ International students and employees are ‘afraid to speak out’ as White House escalates push to control enrollment
Taylor Swift buys back the rights to the master recordings of her first six albums After her former label sold her catalogue in 2019, Swift embarked on her lucrative album rerecording project – but now owns the originals for the first time
Sir Bob Reid obituary Chairman of British Rail at a time of major challenges, including the opening of the Channel tunnel and the approach of privatisation
Burberry pays new boss almost £2.6m in nine months while axing jobs Joshua Schulman’s pay includes £380,000 in moving costs as ailing brand plans to cut a fifth of its global workforce
Volkswagen to make ‘massive’ investment in US in bid to avoid tariffs CEO of Europe’s largest industrial group says he has been in direct talks with Donald Trump’s administration
Inflation data shouldn’t deter us from rate cuts, says Bank policymaker Alan Taylor voted for a 0.5-point cut last month and feels recent economic figures are led by one-off factors
Over a barrel: lack of sugar throws Cuba’s rum industry into crisis This year’s tiny harvest casts doubt on the spirit’s recent resurgence, once a bright spot in the island’s economy
Rachel Reeves to announce billions in regional spending after Treasury rule changes Extra investment lined up for schemes such as energy projects, roads and rails outside London and south-east
Three gas firms fined £8m by Ofgem for being too slow to attend leaks Watchdog says penalties reflect ‘potentially serious risk to the public’ of missed callout targets