Trump threatens to escalate trade war amid confusion over new tariff rates US president announces tariffs of up to 200% on foreign drugs and 50% on copper as he continues to shift plans
‘Now Brexit is behind us’: what’s at stake as Macron makes state visit to the UK? Future of £100bn UK-France trade relationship in focus amid attempt to show unity in face of Trump tariffs
Trump tariffs explained: what’s changed and why have Asian countries been hit so hard? The shifting timeline of Trump’s tariffs, the most significant US tariff increase in nearly a century, has roiled global markets and caused widespread confusion
EU leaders race to secure a deal as deadline looms in Trump trade talks There are just two days of talks left before the US president’s potentially swingeing tariffs are restored
The spirit of the G8 ‘make poverty history’ summit of 2005 seems long gone The 2008 crash, Trump, aid budget cuts and a more fragmented world has made debt relief seem a lost cause but there are murmurs of a renaissance
Trump says US to start sending tariff rates letters to trading partners Letters to be sent to countries without a deal in place before end of 90-day pause on 9 July
EU may as well be ‘province of China’ due to reliance on imports, says industrialist Stefan Scherer, boss of AMG Lithium, says Europe must become more self-sufficient in critical raw materials and new technologies
He was the EU’s great Brexit survivor. Can Maroš Šefčovič now pull off a trade deal with Trump? EU’s longest-serving commissioner faces arguably his sternest test with the clock ticking before 9 July deadline
White House says Canadian PM ‘caved’ to Trump demand to scrap tech tax Trump officials hail U-turn as Mark Carney says decision to rescind digital services tax means revival of trade talks
US reaches deal with China to speed up rare-earth shipments, White House says China confirms details amid efforts to end trade war but reiterates it will continue to approve export permits
Rising poverty in conflict zones ‘causes a billion people to go hungry’ In first assessment since pandemic in 2020, World Bank urges other countries to step up support
EU retaliation against Trump drug tariffs would be bad idea, says industry European pharmaceutical body says it would be ‘negative for both sides’ if Brussels hits back on threatened US levies
EU ready for trade deal with US but ‘all options on the table’, says von der Leyen European Commission president says EU will ‘defend the European interest as needed’ as Trump threatens 50% steel tariffs
Ex-world leaders call for ‘powerful shift’ as they warn of extreme inequality Former leaders urge current state heads to work together to end poverty amid potential of first trillionaires emerging
Chinese exports to UK rise as firms seek to avoid US tariffs Data shows 16.1% jump as Bank of England suggests influx of cheaper goods could bear down on inflation