Trump indicates ‘positive’ progress in US-EU trade talks

Wall Street up in early trading after US president commends bloc for calling to ‘quickly establish meeting dates’

Poorest 75 nations face ‘tidal wave’ of debt repayments to China in 2025, study warns

Vulnerable countries to pay record $22bn this year, mostly relating to loans issued under Xi Jinping’s belt and road initiative

Data from hotel site Trivago shows fewer US bookings by holidaymakers from Canada, Japan, Mexico and Germany

European leaders call for ‘lowest possible’ border taxes after levies postponed from 1 June to 9 July

Threat of 50% tariffs postponed until 9 July so both sides can ‘reach a good deal’ after pressure from European leaders

Maroš Šefčovič’s remarks come after pace of talks prompted Trump to propose 50% tariff on goods from bloc

President says EU imports to US will be subject to levy from 1 June as markets slump in reaction to ‘major escalation’

Ernie Els and Retief Goosen reportedly part of delegation as president seeks to reset ties after white ‘genocide’ claims

Exclusive: £25m hi-tech facility at terminal had been called ‘white elephant’ even before latest EU deal scrapping some health and veterinary checks

Impact of agreements on food, energy and defence may not be huge but chancellor believes it will draw investors to UK

President rebukes tech firm after reports it will switch assembly of iPhones for US market from China to India

Watchdogs could cut capital rules as Trump’s deregulation drive opens door to rollback of post-crisis protections

GDP rise follows stronger levels of business investment as firms rushed to beat Donald Trump’s tariffs

UK accused of aligning with US in move that could compel firms to exclude Chinese products from supply chains

Bank of England’s Catherine Mann wary of ‘pricing power’, with companies looking to rebuild profit margins by hiking prices