UK manufacturers to cut jobs ‘within weeks unless ministers can strike trade deal’ Bosses from automotive, manufacturing and energy warned MPs about effect of Trump tariffs
Risks to global financial stability surging after Trump tariffs, warns IMF World body says ‘sharp repricing of risks’ possible amid growing concern over role of ‘nonbank’ lenders
Spain unveils €11bn plan to reach long-delayed Nato defence spending target Spanish PM says ‘industrial and technological plan’ will ensure country commits to spending 2% of GDP on defence
IMF warns of ‘major negative shock’ from Trump’s tariffs Global lender cuts forecasts for every major economy, with UK expected to grow by 1.1% this year, down from 1.6%
US to impose tariffs of up to 3,521% on south-east Asia solar panels Ahead of a global summit in London comes a warning that lessons on energy security have not been learnedBusiness live – latest updates
Labour must focus on risk to global financial stability posed by Trump policies, not only trade As Rachel Reeves heads to US for IMF meetings, stance appears unaltered despite chaos unleashed by White House
Cutting business ties with China would be ‘foolish’, Reeves says amid reports of US pressure Chancellor supports economic ties with Beijing as she prepares to fly to US next week for trade deal talks
Nvidia’s CEO makes surprise visit to Beijing after US restricts chip sales to China Jensen Huang causes stir on social media and is reported to have met founder of AI company DeepSeek
UK officials label trade documents ‘secret’ to shield from US eyes amid Trump tariff war Exclusive: civil servants beef up security rules for sensitive negotiating papers over fears posed by hostile US trade policy
Trump tariffs will send global trade into reverse this year, warns WTO World Trade Organization says trade between US and China is expected to plunge by 81% in ‘decoupling’
Hungary ‘rapidly going in wrong direction’, EU lawmakers warn after visit – as it happened Delegation of European parliament lawmakers raise concerns about ‘number of worrying developments’ concern country’s compliances with EU values
More than £2bn wiped from value of UK distributor amid Trump tariff uncertainty Shares in Bunzl, which provides everyday goods for other firms, plunge more than 25%
JD Vance says US hopeful of ‘great’ trade deal with UK Vice-president says Donald Trump ‘loves’ the UK and there is good chance of reaching mutually beneficial agreement
‘The sky won’t fall’: China plays down Trump tariff risks as stock markets rally Chinese customs official says trade has diversified away from US in recent years and plays up ‘vast domestic market’
Another UK government is doing contradictory things when it comes to China Approach to expanding trade has been castigated for allowing Beijing to invest heavily in vital UK infrastructure