What are tariffs and how do they work – explained in 30 seconds

Fodder for protectionism, protracted trade wars, and the ‘most beautiful word’ in Donald Trump’s vocabulary – how do tariffs actually work?

French sovereign borrowing costs rise to highest premium in 12 years

Government faces risk of collapse over planned austerity budget

Rolling coverage of the latest economic and financial news

Under the auspices of holding the president elect to account, there’s the usual sucking up to power and money, says Guardian columnist Emma Brockes

Rouble hit 110 against the dollar after US introduced sanctions against Gazprombank, Russia’s third largest bank

US manufacturers are bracing for disruption and sounding the alarm that customers will be hit by price increases

Food store employees grapple with fewer hours and inflation – and sound alarm at merger of two largest chains

Trump is now laying ground for a trade war with the country’s largest trading partners

Trump intends to hit Canada, Mexico and China with tariffs, which experts say will risk retaliation and a damaging economic war

The chief executive of Aware Super, one of the biggest funds down under, is briefing Keir Starmer on pension reforms

Exclusive: a Harris poll raises questions about the popularity of one of Trump’s key economic policy platforms

Tariffs on Mexican, Canadian and Chinese goods threaten not just those nations but global economic growth

The man Trump has tapped as US treasury secretary was only recently derided by Elon Musk as the ‘business-as-usual choice’

British Retail Consortium figures come alongside data showing a fall in household disposable income