‘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

What will Trump do when his tariffs backfire?

The US president’s tariffs are almost certain to have dire consequences and he is not impervious to market decline or public opinion

UK politics: Starmer warns Trump’s US tariffs not just ‘short-term tactical exercise’ – as it happened

PM says measures mark ‘the beginning of a new era’ for trade and the global economy

Labour tries to seem in control while The Donald unleashes chaos on the world

Underneath the measured words you could almost smell the panic as the government scrambled to come up with a plan to respond to Trump’s tariffs

Macron suggests pause on US investment as EU leaders condemn Trump tariffs

Von der Leyen calls tariffs ‘a major blow to world economy’ while calling for last-ditch negotiations

UK takes first step towards possible retaliation against US tariffs

Jonathan Reynolds tells MPs he is keeping ‘all options on the table’ after Trump’s announcement of import taxes on British goods

Global stock markets fall and dollar dives after Trump announces sweeping tariffs

European markets and US futures dip sharply after news triggers sell-off across Asia

Trump tariff global reaction – country by country

The US president’s new tariff regime on every country threatens to unleash a global trade war. Here we explore how the world is responding

Canada Trump tariff exemption ‘like dodging a bullet into the path of a tank’, says business leader

Automotive industry and prime minister Mark Carney note that 25% tariffs on Canadian steel, aluminum and automobiles will still come into effect within hours

Trump hits UK with 10% tariffs as he ignites global trade war

Britain gets off comparatively lightly but US president’s action could still cost billions in lost growth

Perilous and chaotic, Trump’s ‘liberation day’ endangers the world’s broken economy – and him

While the president has identified the need to do things differently, his strategy risks a slump, hitting the very Americans he claims to champion, says Guardian columnist Martin Kettle

Trump’s tariff war – a timeline of key announcements and events

US president’s erratic approach has fuelled a dizzying array of tariff measures, before pausing or changing them, prompting a chaotic series of responses