EU drops plans to hit American bourbon with retaliatory tariffs
Drink removed from draft list after lobbying from whiskey-making Ireland and wine-producing Italy and France
Bank ‘should cut UK interest rates to at least 4% in May amid tariff turmoil’
Ex-Bank of England deputy governor Charlie Bean says cut of 0.5 points needed because of ‘crazy situation’ in US
Northern Ireland faces court case over £300m north-south power pylon plan
Campaigners claim NI is being used as a ‘whipping boy’ to feed Irish republic’s energy-hungry datacentres
EU offered ‘zero-for-zero’ deal to US weeks before tariff announcement
Cars and other goods were to be included, according to EU trade commissioner, who says offer is still on table
EU in early talks with US but preparing ‘robust’ tariff countermeasures, says trade chief – as it happened
EU trade commissioner Maroš Šefčovič says bloc in a ‘tough spot’ with 70% of exports being subjected to tariffs
European markets slump as Trump says ‘you have to take medicine’
US president tells reporters foreign governments will have to pay ‘a lot of money’ to lift levies
The Observer view on Trump’s tariffs: Starmer faces his greatest test as prime minister
Labour faces tough choices on its economic strategy. It must be guided more by its progressive values rather than political expediency
Jaguar Land Rover pauses shipments to US as Trump says impact of tariffs ‘won’t be easy’ – as it happened
Trump’s baseline 10% tariff on all imports from many countries has begun, with higher levies on 57 trading partners to start next week
Keir Starmer orders UK economic reset amid Donald Trump’s tariff mayhem
PM ready to ditch ‘old assumptions’ and is debating possible changes to fiscal rules to boost growth
‘Another nail in the coffin’: Germany’s car industry faces up to Trump’s tariffs
There are major concerns about the potentially ‘catastrophic’ impact US policy will have on vehicle makers
IMF warns of ‘significant risk’ to global economy from Trump tariffs as markets plunge
Fund boss Kristalina Georgieva says it is important that US and trading partners avoid escalating trade war
Macron suggests pause on US investment as EU leaders condemn Trump tariffs
Von der Leyen calls tariffs ‘a major blow to world economy’ while calling for last-ditch negotiations
Macron calls Trump’s tariffs ‘brutal and unfounded’ and warns France could suspend US investments – as it happened
President says ‘nothing can be ruled out’ in response to US measures
Trump tariffs could undermine Brexit deal in Northern Ireland
US president imposes two-tier rate on island of Ireland, raising concerns over impact on 1998 peace pact
Royal Mail takeover deal by Czech billionaire to be finalised this month
Daniel Křetínský clears final regulatory hurdles for £3.6bn takeover of Royal Mail parent company