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
US strikes on Iran could damage global growth, says IMF chief Oil prices could rise if Iran goes ahead with threat to shut down shipping in the strait of Hormuz
‘Vital’ that British steel gets Trump tariff deal after UK-US trade pact, say unions Starmer should secure deal as soon as possible to exempt UK steel from US levies, says Community union
Cheaper imported chicken and beef increasingly seen in UK supermarkets Grocers turning to Australia, Poland and Uruguay for meat, prompting claim they are undermining British farmers
2020s on course to be weakest decade for global economy since 1960s, says World Bank Washington-based lender cuts its forecast for world GDP growth, blaming Donald Trump tariffs
Between ‘rollover UK’ and ‘retaliatory China’: will EU hardball secure trade deal with US? Optimism is growing in Brussels, but high-risk strategy has only weeks to play out before pause in tariff threat ends
UK will slump to 1% growth next year as Trump tariffs bite, says OECD US, Mexico and Canada economies likely to be worst affected by ongoing tariff battles, says forecast
High-rise, high expectations: is Casablanca’s finance hub a model for African development? Morocco’s commercial centre has brought investment to the continent – but critics say it masks domestic inequality
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
Tourists from countries badly hit by Trump tariffs are staying away from US Data from hotel site Trivago shows fewer US bookings by holidaymakers from Canada, Japan, Mexico and Germany
EU hopes for quick deal to resolve US trade war after Trump delays 50% tariffs European leaders call for ‘lowest possible’ border taxes after levies postponed from 1 June to 9 July
Head of EU executive secures tariffs delay after talk with Trump Threat of 50% tariffs postponed until 9 July so both sides can ‘reach a good deal’ after pressure from European leaders