Caught in the middle: UK firms brace for fallout from Trump’s global trade war

While UK may not be in direct line of fire, knock-on effects on global trade has British businesses worried

Donald Trump sees his trade war as a show of strength. In fact, it’s the opposite

The president’s protectionist policies, ripe with potential global repercussions, show how exposed Washington feels to China’s growing power, says Guardian columnist Larry Elliott

UK economy on course for 1.5% expansion, NIESR predicts

Thinktank cautions Trump tariffs could blow hole in forecast, with 63% of UK firms exporting to US expecting to be hit

Fair and Square? Chinese retail chain’s expansion rankles Kenyan rivals

Local business owners in Nairobi said China Square had created an uneven playing field

Canada, Mexico and EU criticise Trump’s metal tariffs amid fears of trade war

Ursula von der Leyen says tariffs ‘will not go unanswered’ as Justin Trudeau says Canadians will ‘stand up if we need to’

Why is Trump imposing tariffs and which countries will be hit hardest? – in charts

These graphics explain how the US trade deficit has changed, why Trump may be targeting certain countries with tariffs and what the impact could be

Asian stock markets mixed after Trump tariffs announcement while gold reaches record high

Analysts say measures so far have been less than feared but traders still cautious as uncertainty about US policy ‘has basically exploded’

UK Steel warns that Trump tariffs would be ‘devastating blow’

FTSE 100 hits record high as pound falls after US president says he will impose 25% levies on steel and aluminium imports

Trump to announce 25% aluminium and steel tariffs as China’s levies against US come into effect

US president accused of ‘shifting goalposts’ by premier of Ontario for adding further tariffs on top of existing metal duties, as China’s fossil fuel levies come into force

What do Trump’s tariffs mean for US-China trade?

The US president hopes tariffs will help close the huge trade gap by potentially pressuring Beijing into a new deal

UK urged to close tax loophole to prevent ‘massive influx’ of Shein and Temu goods

Campaigners and retailers say Britain should follow US and EU in phasing out exemption on duties for low-value parcels

Bank of England cuts interest rates to 4.5% and halves UK growth forecast

Latest quarter-point reduction comes with warning households face inflation of 3.7% by autumn

Novo Nordisk confident despite Trump tariff risk as sales of weight-loss jab soar

Europe’s biggest firm, whose sales of Wegovy almost doubled, feels it can ‘meet demands’ of US administration

EU to tighten checks on goods sold by sites such as Shein and Temu

European Commission also urges EU lawmakers to phase out exemption on customs duties for parcels under €150

Iran reformists urge concessions in attempt to reconnect to west

Decision expected in next week that could allow country to rejoin international banking system