Why is Trump ending the ‘de minimis’ tariff loophole on low-value imports?

Goods worth less than $800 will be subject to 120% levy meaning prices on Chinese exports will probably increase

Trump tariffs cause fastest slump in British factory export orders in five years

Decline in output and new orders in April allied with rising uncertainty is prompting layoffs, survey finds

Pittsburgh residents, workers and business owners react to the increasingly fraught trading reality now upending supply chains and hitting prices

Temu and Shein among fast-fashion sites affected by drop in first three months of this year but sales in rise to EU

Index of activity drops to lowest reading since December 2023 as a result of ‘sharp changes’ in international trading

US president will curb some duties on foreign parts in domestically manufactured cars, administration says

Countries are struggling to manage expensive loans, with much of debt transacted through London

Number of vessels scheduled to arrive at Port of Los Angeles next week is down by almost a third year on year

EY Item Club predicts GDP of only 0.8% this year as Ipsos poll shows three-quarters of Britons expect economy to get worse

Trump’s tariffs will make it tougher for emerging economies to service loans but debt relief has fallen off the political agenda

Experts warn of slowing economy after score based on Americans’ financial outlooks fell by 32% since January

Few policymakers mention US president by name, but his tariffs dominate IMF-World Bank meeting

Beijing will ‘strengthen bottom-line thinking’ as reports say it could drop tariffs on some US products

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

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