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Ukraine, Gaza and Iran: can Witkoff secure any wins for Trump?

To solve three conflicts simultaneously would be a daunting task for anyone, but it is especially so for a man entirely new to diplomacy

UK economy faces growth shock from Trump tariffs, says Bank governor

Andrew Bailey says UK not close to recession but he would be ‘encouraged’ if trade deal with US were agreed

US and China holding talks on trade war, Trump says after Beijing rebuttal

President’s comments follow Chinese government’s denial of ‘baseless’ claim that Washington was close to deal

Magnum and Ariel makers say prices may rise further amid tariff pressures

Unilever and Procter & Gamble indicate more increases could be on way as Trump policy affects ingredient costs

IMF chief urges US to strike trade deals swiftly to limit damage to global economy

Kristalina Georgieva calls for trade policy settlement and says tariff wars have ‘spiked uncertainty off the charts’

Rachel Reeves dashes hopes of early breakthrough in UK-US trade deal

Chancellor says UK is ‘not going to rush a deal’ and rejects new US demands on agricultural products

Boeing hopes to find new buyers for up to 50 planes returned by China

Airplane manufacturer says it is lobbying Donald Trump over ‘unfortunate’ decision to impose tariffs

Rachel Reeves looks at ending zero tax regime for low-value imports

Chancellor reviewing rule that lets foreign retailers such as Amazon and Shein pay no duty on items costing under £135

Stock markets rise as Trump backtracks on high China tariffs and firing Fed chair

Weeks of tough talk from the US president, who now says he will be ‘very nice’ to China, had rattled investors

Trump’s an unstable bully – but it’s hard to defend the economic orthodoxies he is attacking

With Rachel Reeves in the US, some clarity is needed: the global economy has been mismanaged and the Federal Reserve does deserve criticism, says Guardian columnist Larry Elliott

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

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  • US reporter urges supreme court to halt ruling forcing her to reveal sources or pay $800-a-day fine
  • Climate sceptics cheering as they melt in record temperatures? This heatwave is where satire has come to die
  • Great Britain’s grid operator warns again over power supplies in heatwave
  • Key TG Jones landlords back restructuring plan; oil price hits four-month low – as it happened
  • VW plans to cut up to 100,000 jobs and shut plants, report says
  • OpenAI staggers AI model release after Trump administration request
  • ‘Fork in the road’: CEO of Amazon-backed Rivian on why carmakers need to invest in EVs
  • ‘Make people dream’: how to build an economy for the common good
  • ITV shelves rugby in-game adverts after brands pour cash into World Cup instead
  • Revolut pushes new recruits into office in shift from ‘remote-first’ policy
  • First major hydropower projects in Great Britain in 40 years given go-ahead
  • As billionaires’ wealth soars, US workers struggle: ‘The rich keep getting richer for no good reason’
  • Heathrow expects fall in passengers and profits this year because of Iran war
  • Too hot for work: why extreme heat is a threat to Europe’s productivity
  • Crown estate makes more than £1bn profit for third year running
  • US media regulator Brendan Carr accuses Disney of ‘misinformation’ on investigations
  • ‘Act on the evidence outside the window’: Andy Burnham urged to stick to net zero targets if he becomes PM
  • Burnham could become PM on 17 July based on Labour leadership contest timetable – as it happened
  • Ryanair ditches family seating fees; Markets at record highs as oil hits pre-Iran war levels – as it happened
  • Unison chief endorses Ed Miliband for chancellor in a Burnham government
  • US supreme court blocks thousands of lawsuits over Roundup maker’s pesticide warning labels
  • Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz
  • Can a $290m film studio on a former cow paddock lure Hollywood to Perth?
  • Make pension tax relief only available to savers prepared to invest in UK, Andy Haldane says
  • Ryanair adopts ‘free of charge’ family seating policy after watchdog investigation
  • Reform UK plan to target EU nationals based in Britain ‘absolutely outrageous’
  • Great Britain’s grid operator pays £10m for extra power to avoid supply crunch tonight
  • Reeves backs Burnham to be PM despite reports she may be offered lesser role
  • UK to halve tariff-free steel imports to counter glut of cheap Chinese metal
  • Rome airports threaten to suspend new EU passport system to avoid summer ‘disaster’

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