Trump tariffs will send global trade into reverse this year, warns WTO

World Trade Organization says trade between US and China is expected to plunge by 81% in ‘decoupling’

Excuse my cynicism, but after 25 years of the same housing policies, could Australian leaders try something else?

First homeowners’ grants have long been the go-to policy by state and federal governments. And yet here we are in 2025 with a worsening housing affordability crisis

Good news on UK inflation may be short-lived amid trade war and rising household bills

Worsening global outlook makes ‘gradual and careful’ approach on interest rates by Bank of England more difficult

UK inflation falls to 2.6%, increasing pressure on Bank to cut interest rates

March annual rate comes before expected rise because of household bills going up this month

Little sign that tax rise for employers will mean mass job losses, data shows

No dramatic shakeout so far, but jobs data may yet look like a snapshot of the calm before the storm of Trump’s tariffs

Number of payrolled workers in UK fell by 78,000 ahead of budget tax rise

Wages rise 5.9% in three months to February, while unemployment unchanged at 4.4%

UK business confidence falls to lowest level in over two years, survey shows

Accountants’ institute says first quarter of 2025 was ‘harrowing’ for companies amid tax rises and US tariffs

‘The sky won’t fall’: China plays down Trump tariff risks as stock markets rally

Chinese customs official says trade has diversified away from US in recent years and plays up ‘vast domestic market’

The Guardian view on Friedrich Merz’s grand coalition: gambling on a new centre ground

Editorial: The deal signed last week between the centre-right CDU and centre-left SPD paves the way for vital investment in Europe’s biggest economy

UN calls on Trump to exempt poorest countries from ‘reciprocal’ tariffs

Unctad says many countries targeted with high tariff rates are unlikely to be a threat to US

Sky-high US-China tariffs are a mutual trade embargo that will hurt both sides

Effects could tip one into recession and undermine other’s fragile economy but prospects for rapprochement are not hopeless

Sony hikes PlayStation 5 price by 25% as Trump tariffs bite

PS5 digital price in UK would rise to £430 and €500 in Europe as Japanese games developer cites ‘challenging economic environment’

US stock markets expected to recover after Trump drops tariffs on mobiles

Exemption, seen as a climbdown, includes laptops and chips, and is likely to help firms such as Apple and Nvidia

Trump’s bullying must stop but the true costs of globalisation will remain

We cannot return to the status quo before ‘liberation day’, with western economies hollowed out by free-market capitalism

No retreat on tariffs, Trump promised. Hours later, he blinked

As the economic and political pressure became unbearable, the US president changed course – but has the damage been done?