UK to suffer highest inflation in G7 this year, says OECD International body warns British rate will be higher than that in US, despite effects of Trump tariffs
Trump’s tariffs have hurt tea exports to the US, says Fortnum & Mason boss Tom Athron says stricter rules on country of origin and end of ‘de minimis’ exemptions are up and sales down
Chinese economy slows amid Trump trade war and weaker consumer spending Slowing growth in factory output and retail sales prompts calls for fresh economic stimulus
EU and US officials meet as Trump says he is ready to impose further sanctions on Russia Europe and US consider further actions to weaken Russia after largest-ever air attack on Ukraine over the weekend
‘We’re scared of losing our jobs’: industries in India fear impact of Trump’s 50% tariffs Textiles, footwear, jewellery, gems and seafood are sectors most affected in trade with US, India’s biggest market
Trump asks US supreme court to overturn trade tariffs ruling President challenging federal appeals court decision that ‘liberation day’ levies on imports overstepped his powers
Postal services around the world suspend deliveries to US: how will it affect you? Suspensions including from Australia and Europe come after Donald Trump removed a rule exempting parcels worth less than US$800 from his tariffs
The Guardian view on Britain’s AI strategy: the risk is that it is dependency dressed up in digital hype Editorial: The UK’s plans seem to outsource sovereignty for phantom efficiency. Public services provide the data and power while US tech giants reap the rewards
UK metals firms threaten to sue government over tariffs on steel imports from Asia Companies send letter to business secretary complaining new rules were imposed with 24 hours’ notice
Trump’s China trade truce extension spurs market rally Bourses in Australia and Japan hit record highs as hopes grow of trade deal within latest 90-day pause
Why Peak China may finally have arrived The technological and strategic brilliance of its world-class companies are being swamped by macroeconomic troubles
Dozens more countries face higher levies on exports to US as new Trump tariffs come into effect Donald Trump’s latest wave of ‘reciprocal’ rates were in place as of a minute past midnight Washington time on Thursday
The full list of Trump’s new tariffs – from India to Taiwan The US president’s ‘reciprocal’ tariffs on dozens of countries came into effect at a minute past midnight Washington time on Thursday
World awaits Trump’s next move as Russia ceasefire deadline approaches US president has been unusually reticent about plans to punish Russia if it does not agree to end Ukraine war
Investor confidence in EU drops after Trump’s Brussels trade deal Agreement is said to ‘dampen the mood’, with the US viewed as the winner at the expense of the eurozone