Trump’s trade tariffs: how protectionist US policies will hit German carmakers ‘Shifts in production’ expected if baseline tariffs on imported goods are imposed to benefit US auto manufacturing
EU leaders vow to make bloc more competitive in face of Trump threat Budapest meeting finds consensus on need to raise growth and productivity as ‘America first’ protectionism looms
China unveils 10tn yuan support for debt-stricken local government Cash stops short of hoped-for ‘bazooka option’, with critics calling it ‘an accounting exercise’ that will not bolster growth
From higher tariffs to lower taxes, will Donald Trump’s economic plan pay off? There is a strong chance of the president-elect’s radical strategy going wrong, with a high risk of rising prices, inflation and interest ratesBusiness live – latest updates
Climate breakdown will hit global growth by a third, say central banks New modelling finds risk to global economies much worse than previously thought, but group of central banks says even this may be an underestimate
Finally BT has a plan: rein in foreign adventures and concentrate on UK Timing of chief executive Allison Kirkby is good after ‘weaker non-UK trading’ blamed for soft revenue forecast
More tariffs, less red tape: what Trump will mean for key global industries Returning US president has promised protectionist trade measures, relaxed regulation and cheaper energy for consumers
Post-Brexit border scheme to simplify trade put on pause again Single Trade Window designed to reduce friction on imports and exports will be halted until at least 2026 amid cost fears
US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement Commitment by Mogadishu’s largest single lender is latest in series of deals to forgive ‘unsustainable’ $4.5bn debt
German carmakers’ shares slump on fear Trump will impose steep tariffs Move would create yet another challenge for European carmakers already struggling with falling sales and profits
Trump tariffs would halve UK growth and push up prices, says thinktank NIESR warns British economy would be one of the worst affected by protectionist policies
Inflation pain helped secure Trump win but his policies mean higher prices Markets expect his policy package to harm trade and growth but reduce business taxes
Trump or Harris? Whoever wins will face a shift in power in the global economy West’s dominance is being challenged, with Brics summit showing emerging markets are unwilling to bow to pressure
Petrol and food prices will fall thanks to oil glut, says World Bank Downward trend in oil price from higher production, falling demand in China and clean energy to continue
IMF warns Trump trade tariffs could dent global economy as it upgrades UK outlook New report upgrades outlook for UK economy with growth now forecast at 1.1% rather than 0.7%