UN calls on Trump to exempt poorest countries from ‘reciprocal’ tariffs Unctad says many countries targeted with high tariff rates are unlikely to be a threat to US
Sky-high US-China tariffs are a mutual trade embargo that will hurt both sides Effects could tip one into recession and undermine other’s fragile economy but prospects for rapprochement are not hopeless
Sony hikes PlayStation 5 price by 25% as Trump tariffs bite PS5 digital price in UK would rise to £430 and €500 in Europe as Japanese games developer cites ‘challenging economic environment’
US stock markets expected to recover after Trump drops tariffs on mobiles Exemption, seen as a climbdown, includes laptops and chips, and is likely to help firms such as Apple and Nvidia
Terrible timing and huge uncertainty: how ports and shipping are handling tariff turmoil As they reel from Trump’s policies, companies say volatile freight costs and congestion are now the norm
Trump’s bullying must stop but the true costs of globalisation will remain We cannot return to the status quo before ‘liberation day’, with western economies hollowed out by free-market capitalism
‘How much will a manic Trump cost me?’ Pension savers’ anxiety rises over market volatility Guardian readers say they have been hit hard by the US-inspired trade war, with some having lost tens of thousands from their pots
In the face of Trump’s mayhem, Europe is the direction to which the UK must turn – and Keir Starmer knows it The PM will not antagonise the unpredictable president, but it is clear to No 10 that Trump is the problem and the solution lies elsewhere, says journalist and Keir Starmer biographer Tom Baldwin
Did Trump’s tariffs kill economic populism? Lasting damage has been done not only to Trump’s political credibility but to globalisation as a system
US stock markets rally as White House says there is ‘great optimism’ in the economy – as it happened US markets close on high note after turbulent week as White House insists Trump’s tariffs are ‘proven economic formula’
Trump insists tariff war is ‘doing really well’ as recession fears mount S&P 500 and Dow Jones rise sharply after extraordinarily volatile week as experts warn of continued turbulence
Trump’s tariff battle with China has ‘echoes of the Vietnam war’, US economist says Adam Posen, former Bank of England policymaker, compared the tactics to Johnson and Nixon refusing to back down
Trump was playing chicken with tariffs. Then he chickened out In a second term of fiat, flubbing and flip–flopping, Trump pursued his desire to wield a club over everyone and everything
Markets slide further amid fears of escalating US-China trade war European markets slip into red after China ups ante by increasing retaliatory tariffs on US goods to 125%
China raises US tariffs to 125% as Xi invites EU to team up against Trump ‘bullying’ Chinese leader canvasses Spain and other trading partners on how to tackle economic fallout as market turmoil continues