Ukraine’s economy could grow by 5% next year if hostilities end, EBRD says

European reconstruction bank will help rebuild country if peace is agreed but a lasting end to conflict is needed

Trump threatens 25% tariffs on foreign cars and semiconductor chips

White House has raised threat of levies as a means to bolster US economy, ignoring warnings trade wars could derail it

UK marketplace sellers face ‘second Brexit’ hit from Trump’s US import rules

End of ‘de minimis’ policy for Chinese goods also expected to hit bigger online fashion retailers such as Asos and Boohoo

Trump policies make US ‘scary place to invest’ and risk stagflation, says Stiglitz

Uncertainty created by tariffs and contempt for rule of law will deter investment, says top economist

Forget Trump’s tariffs, the president’s bond market threat is worse

Elon Musk’s crazed takeover of America’s financial plumbing risks shattering confidence in US institutions and in turn global financial stability

Extreme weather expected to cause food price volatility in 2025 after cost of cocoa and coffee doubles

Trend towards more extreme-weather events will continue to hit crop yields and create price spikes, Inverto says

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