British Steel to deploy emergency measures to save Scunthorpe furnaces

Firm in race against time to get key materials as business secretary says no guarantee it will get what it needs

US stock markets expected to recover after Trump drops tariffs on mobiles

Exemption, seen as a climbdown, includes laptops and chips, and is likely to help firms such as Apple and Nvidia

Gordon Brown accuses Trump of ‘weaponising’ global trade system

Former PM says governments should team up to create ‘global rescue plan’ that counters US president’s tariffs

Network Rail has stockpiled a year’s worth of rails in case of British Steel disruption

Reserves would give six months to find alternative supply if Scunthorpe blast furnaces are switched off

UK and G7 allies look at lowering ‘meaningless’ cap on Russian oil exports

Limit of $100 a barrel said to be ineffective with the price of crude having crashed in response to Trump’s trade war

How rich is Gina Rinehart, and how much will she earn in the time it takes to read this article?

Australia’s wealthiest person rakes in billions from her iron ore mines. We look at how she makes her money – and how she spends it

Business secretary refuses to say whether there are enough supplies to keep British Steel furnaces running – as it happened

Jonathan Reynolds says allowing British Steel to collapse would have cost £1bn as public ownership looks increasingly likely

Terrible timing and huge uncertainty: how ports and shipping are handling tariff turmoil

As they reel from Trump’s policies, companies say volatile freight costs and congestion are now the norm

Labour has done right by British Steel – now it must speed up a radical strategy for all industry

Taking control of the ailing company wasn’t an easy decision, but it makes sense. Hopefully the nationalisation phobia is passing, says Guardian columnist Polly Toynbee

Worried about your stock market savings as Trump tariffs wreak havoc? Don’t panic

Despite the turmoil it helps to put things into perspective with a look at some fundamental indicators

BP dropped its green pledges and turned back to oil. Now the price of crude has collapsed

At its AGM this week, the company will face not only the activist investor at its heels, but a global economy being changed from the White House

Trump’s bullying must stop but the true costs of globalisation will remain

We cannot return to the status quo before ‘liberation day’, with western economies hollowed out by free-market capitalism

Michigan autoworkers wary of Trump’s tariffs: ‘Playing poker with people’s lives’

Residents in the auto industry’s heartland respond to the chaotic start to the president’s signature economic policy

No retreat on tariffs, Trump promised. Hours later, he blinked

As the economic and political pressure became unbearable, the US president changed course – but has the damage been done?

Price hike on Shein? How Trump tariffs could shift the US’s love of fast fashion

Trump ended the ‘de-minimis’ rule while launching a trade war with China – which will make retail giants such as Temu more expensive, experts say