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
China has reacted in kind to Trump’s tariffs, but a deal may still emerge Beijing will defend its core interests, but its initial response is more cautious than when Trump imposed levies in 2018
Global stock markets come under pressure amid ‘Trump tariff tantrum’ Markets recover some losses after Trump agreed to delay new duties on Mexico goods, sparking hopes of a reprieve
Trump tariffs: what’s at stake for the UK and EU? The US president has threatened to target Europe after launching then pausing import tariffs on Canada and Mexico
EU will stand up for itself in face of Trump tariffs threat, Macron says French president and other leaders call for cooperation with Washington but vow a robust response if needed
US, EU and UK stock markets hit by global trade war fears as JPMorgan says Trump administration may be ‘business unfriendly’ – as it happened European markets fall as Trump says EU tariffs will ‘definitely happen’, but stocks recover after Mexican tariffs delayed by a month
Asian stock markets tumble in response to Trump tariffs European futures also down more than 3% after Trump indicates tariffs will ‘definitely happen’ in EU countries
Trump tariffs: markets brace for falls as Mexico and Canada hit back Fears grow for global trade, with major indices likely to plunge as US trading partners quickly retaliate, raising chance China and EU will follow suit
How Donald Trump’s trade tariffs could affect the UK From rising gilt yields to higher inflation, the UK may suffer indirectly from US tariffs
Trump’s tariffs could have grim knock-on effects for UK’s economy British policymakers watch nervously, fearing a weaker pound and inflation even if US tariffs are not applied directly