Rachel Reeves looks at ending zero tax regime for low-value imports

Chancellor reviewing rule that lets foreign retailers such as Amazon and Shein pay no duty on items costing under £135

Trump’s an unstable bully – but it’s hard to defend the economic orthodoxies he is attacking

With Rachel Reeves in the US, some clarity is needed: the global economy has been mismanaged and the Federal Reserve does deserve criticism, says Guardian columnist Larry Elliott

UK private sector shrinks as export orders slump; state borrowing nearly £15bn above official forecast – as it happened

Gloomy business surveys for UK, Europe and US show tariffs starting to take their toll but stocks, dollar rally on hopes of US-China trade deal

Richard Branson accuses Trump of ‘doing so much damage’ to the world

Virgin Atlantic founder says ‘erratic’ decisions from US president have been ‘awful for everyone’

UK annual borrowing exceeds forecasts by almost £15bn in blow to Rachel Reeves

Chancellor may be forced to raise taxes or announce deeper public spending cuts, economists say

Trump says China tariffs will drop ‘substantially – but it won’t be zero’

US president says tariffs on imported goods will come down from 145% rate but insists ‘we’re doing fine with China’

Reeves flies to US to push Trump to sign trade agreement

Chancellor hopes to persuade Trump to cut tariffs on Britain’s exports

The Guardian view on the IMF’s warning: Donald Trump could cost the world a trillion dollars

Editorial: The US president’s economic agenda collides with fragile financial systems, triggering market fears, investor flight and developing nation chaos

UK manufacturers to cut jobs ‘within weeks unless ministers can strike trade deal’

Bosses from automotive, manufacturing and energy warned MPs about effect of Trump tariffs

Even Trump must know that firing the chair of the Fed would be self-defeating

Jerome Powell is a soft target for the president amid economic instability. But getting rid of him would only invite more chaos

IMF slashes global growth forecast to 2.8% this year due to Trump trade war – as it happened

Growth forecasts for most advanced countries have been cut, as IMF warns that trade tensions will hurt economic activity

Risks to global financial stability surging after Trump tariffs, warns IMF

World body says ‘sharp repricing of risks’ possible amid growing concern over role of ‘nonbank’ lenders

Spain unveils €11bn plan to reach long-delayed Nato defence spending target

Spanish PM says ‘industrial and technological plan’ will ensure country commits to spending 2% of GDP on defence

IMF warns of ‘major negative shock’ from Trump’s tariffs

Global lender cuts forecasts for every major economy, with UK expected to grow by 1.1% this year, down from 1.6%

Tariffs will raise prices. But the climate crisis is the real inflation risk

As temperatures rise and countries back off their decarbonization efforts, we must confront a reality central banks can’t correct