The fallout from Trump’s tariffs: is there a masterplan, are we heading for recession and what does it mean for UK?

The key questions answered after the US president shook up the global economy with what he called liberation day

Rachel Reeves must break her fiscal rules. Better now than later

There is already arguably too little flexibility in the chancellor’s budget plan. Trump’s tariffs chaos makes a rethink inevitable

No 10 has been criticised for ‘sucking up’ to Donald Trump, but believes its defensive strategy has been vindicated

Union says the government should intervene directly and force the council to settle the dispute

Small businesses that import goods brace for steep price increases that they have to pass on to their customers

Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturn

PM says measures mark ‘the beginning of a new era’ for trade and the global economy

Transport secretary Heidi Alexander grants consent to London’s fourth-biggest airport to allow potential 32m passengers a year

Australian prime minister Anthony Albanese says ‘no one has got a better deal’ but adds ‘that doesn’t mean it’s a good thing’

Chancellor says autumn budget enabled £25bn of extra investment into NHS and shorter waiting lists

President promised liberation yet may have plunged the US into recession and the world into an economic scramble

Exclusive: UK willing to placate Trump with lower digital services tax rate also encompassing non-US companies

Conservative party leader says she believes show ‘is based on real story’, a claim described as wholly untrue by writer and co-creator of series

A press conference at Tory HQ at least had some entertainment value even if there was nothing of importance to say

Downing Street says it ‘reserves right’ to respond to protect national interest when US levies are announced this week