Asian markets drop further as IMF warns Trump tariffs ‘a significant risk’ to global economy – business live

Kristolina Georgieva warns against retaliation to US levies while US president insists ‘markets will boom’ after sweeping tariff announcement

More than 1m cars sold in UK each year too big to fit typical parking space

Campaign network calls on government to prioritise smaller cars and introduce higher charges for SUV owners

‘There are no winners’: global companies respond to Trump tariffs

From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measures

Not that Norfolk! Mislabelled shipments led to Trump tariffs on uninhabited islands and remote outposts with no US trade

Exclusive: Aquarium systems, Timberland boots and recycling plant parts were mislabelled as coming from remote Norfolk Island or Heard and McDonald islands

Trump tariffs live: US markets see worst day in five years as president claims ‘stock is going to boom’ – as it happened

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Trump news at a glance: Tariffs send US markets tumbling to worst day since Covid crash

Dow, S&P and Nasdaq among markets feeling share price pain while Trump insists ‘markets are going to boom’. The key US politics stories from 3 April

Cross-Channel train services to be cheaper to run as operator cuts charges

LSPH chief executive announces ‘groundbreaking proposal’ intended to grow international rail travel from the UK

Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street

Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturn

Donald Trump’s sweeping tariffs trigger biggest one-day Wall Street fall since 2020 – as it happened

Worst day on New York stock market since Covid-19 crisis as US dollar falls to six month low after US President Trump’s ‘liberation day’ tariffs fuel recession fears

US stock markets see worst day since Covid pandemic after investors shaken by Trump tariffs

All three major US index funds close down as Apple and Nvidia, two of US’s largest companies, lose combined $470bn

Trump’s chaos-inducing global tariffs, explained in charts

The US president’s announcement has caused market chaos and threatens a trade war and US recession

What will Trump do when his tariffs backfire?

The US president’s tariffs are almost certain to have dire consequences and he is not impervious to market decline or public opinion

UK politics: Starmer warns Trump’s US tariffs not just ‘short-term tactical exercise’ – as it happened

PM says measures mark ‘the beginning of a new era’ for trade and the global economy

Labour tries to seem in control while The Donald unleashes chaos on the world

Underneath the measured words you could almost smell the panic as the government scrambled to come up with a plan to respond to Trump’s tariffs

Macron suggests pause on US investment as EU leaders condemn Trump tariffs

Von der Leyen calls tariffs ‘a major blow to world economy’ while calling for last-ditch negotiations