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’
Sanctioned Russian and Belarusian wood smuggled into UK, study suggests ‘Chemical fingerprint’ shows 46% of wood samples certified as sustainable did not come from labelled country of origin
Gold climbs above $3,500 for first time as Wall Street rallies after slide Dollar also recovers after Monday’s sell-off prompted by Donald Trump’s attack on Federal Reserve chair
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
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%
US to impose tariffs of up to 3,521% on south-east Asia solar panels Ahead of a global summit in London comes a warning that lessons on energy security have not been learnedBusiness live – latest updates
Labour must focus on risk to global financial stability posed by Trump policies, not only trade As Rachel Reeves heads to US for IMF meetings, stance appears unaltered despite chaos unleashed by White House
Cutting business ties with China would be ‘foolish’, Reeves says amid reports of US pressure Chancellor supports economic ties with Beijing as she prepares to fly to US next week for trade deal talks
Nvidia’s CEO makes surprise visit to Beijing after US restricts chip sales to China Jensen Huang causes stir on social media and is reported to have met founder of AI company DeepSeek
UK officials label trade documents ‘secret’ to shield from US eyes amid Trump tariff war Exclusive: civil servants beef up security rules for sensitive negotiating papers over fears posed by hostile US trade policy
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’