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More than 50 countries seeking US trade talks after tariff move, says Trump adviser – as it happened

Kevin Hassett claims tariffs will not have a big effect on US consumers and there will be no ‘political coercion’ over interest rates

Trump tariffs come into effect in ‘seismic’ shift to global trade

‘Baseline’ 10% import levy takes effect at US seaports, airports and customs warehouses, with some higher tariffs to begin next week

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

China needs friends in Trump’s trade war. But Xi may have to go it alone

Beijing has launched a charm offensive with other countries as US tariffs tighten. If they can’t be won over, it may have no choice but to stimulate its vast domestic market

Jaguar Land Rover pauses US shipments to assess impact of Trump’s tariffs

Carmaker says action will allow it to consider how to mitigate cost of 25% tariff on imports

It could set the industry back 50 years: fashion braces for impact of Trump tariffs

From farmers to designers, the entire supply chain will be hit – but it is unclear what duties apply to a finished product

China hits back hard at ‘bullying’ Trump tariffs as global recession fears grow

Beijing imposes punitive 34% extra tariffs on all goods imported from US, exacerbating stock market sell-off

The Guardian view on Donald Trump’s tariff ultimatum: tribute for access to America’s empire

Editorial: As the White House retools US imperialism with import duties, others must resist dependency – deepening regional ties and reducing exposure to chokepoints

‘In economic terms, Trump’s tariffs make no sense at all’

President’s move has no historic parallels, but the deep uncertainty for the global economy may prove as destructive as the tariffs

China retaliates against Trump in trade war with 34% tariffs on US imports

Fears of global recession rise as stock markets continue to fall after China responds to US president’s ‘bullying practice’

‘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

‘Only job I know’: tiny Lesotho’s garment workers reel from Trump’s 50% tariffs

Impoverished African country is hit with highest tariff rate at 50%, overturning decades of global trade policy

Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street

Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturn

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

The tariffs are bad, but Britain should remember this: Trump will be gone in four years

The UK is among those least hit by the US president’s war on the world economy. Retaliation at this point makes no sense, says Guardian columnist Simon Jenkins

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  • What action is Trump taking against Venezuela’s oil industry?
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  • Falling sales at Stella McCartney fuel fears over fashion label’s future
  • The stats don’t lie. Australia’s tax system is designed to benefit the wealthiest and the rest of us pay for it
  • Trump’s tariffs are choking small US manufacturers – even those making music magic
  • Warner Bros Discovery urges shareholders to reject Paramount’s $108.4bn takeover bid
  • ‘It’s shattered our family’: how illicit offshore bookies exploit struggling gamblers who are trying to quit
  • Amazon in talks to invest $10bn in developer of ChatGPT
  • Paddy Power and Betfair to pay £2m settlement after failing to protect users
  • Warner Bros reportedly poised to reject Paramount’s $108bn hostile takeover bid
  • UK to bring forward review of EV sales targets from 2027 to next year
  • Inflation drop makes Bank of England early Christmas present to Reeves almost a certainty
  • UK inflation falls sharply to 3.2% amid slowdown in food price rises
  • Beans, beans, the more you eat, the more your … meals are healthier and cheaper
  • Christmas dinner and festive treats up to 70% more expensive, reports Which?
  • Rate hikes, rising inflation and difficult decisions: key takeaways from Jim Chalmers’ budget update
  • Government invests £120m to save UK’s last ethylene plant
  • Jared Kushner’s firm exits takeover battle for Warner Bros Discovery
  • George Osborne joins OpenAI: ex-chancellor adds tech post to his CV
  • EU plans to water down ban on new petrol and diesel cars
  • Universal Studios UK theme park given planning permission in Bedfordshire
  • From Harry Potter to The Crying Game, Susie Figgis’s explosive enthusiasm made her an irreplaceable casting director
  • Green groups decry EU ‘betrayal’ after vote to reduce oversight of firms
  • Norway’s national oil company facing £53m penalty for oil spills and gas leaks
  • Unemployment rises in US and UK, adding to pressure to cut interest rates – as it happened
  • US lost 105,000 jobs in October and added 64,000 in November, according to delayed data
  • UK fuel retailers urged to pass on savings as oil prices fall below $60 a barrel
  • Thames Water defers controversial £2.5m in bonuses to bosses
  • Jim Chalmers won’t have good news in Myefo. Instead, he’ll be trying to sell Labor’s good intentions
  • Roasted! Morrisons loses £17m VAT battle over rotisserie chickens

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