US stocks fall again after rally following Trump’s shock retreat on tariffs Sell-off comes amid anger from Democrats over retreat that rattled markets, while Republicans praise Trump’s ‘art of the deal’ in action
US markets close with steep losses as Trump tariffs branded ‘worst self-inflicted wound’ by a successful economy – business live Wall Street stocks tumbled again as investors remain jittery while former US treasury chief criticises Trump’s economic policy
Will Trump’s tariff chaos be China’s gain in global trade wars? As China retaliates against tariffs, it is also making strategic manoeuvres on EU and Asia to maximise opportunities
The Guardian view on steel on the brink: Britain’s last blast furnaces face extinction Editorial: As crisis deepens at Scunthorpe, ministers must act to protect UK steelmaking, secure jobs and lead a credible green transition
Ministers under pressure to nationalise British Steel if crisis talks fail Business select committee chair joins calls for Scunthorpe steelworks to be taken into public ownership
Trump tariffs likely to drag down weak UK growth, Bank policymaker warns Sarah Breedon says too early to judge impact on inflation of ‘most significant change in trade policy in a century’
China to restrict US film releases after Trump’s tariff hike After the US president imposed 125% duties on Chinese imports, Beijing says it will restrict American films opening in its lucrative market
Trump’s ‘Liz Truss moment’: when economic bravado meets market reality The president’s U-turn after his maverick plan threatened meltdown has echoes of the 2022 UK crisis
Apple said to be flying iPhones from India to US to avoid Trump tariffs Tech firm has reportedly flown 600 tonnes of handsets from Indian factories as Chinese goods face huge tariffs
Trump’s tariffs are rattling Australian markets. Here’s what not to do to protect your investments Anxious about your investment or retirement portfolio? Manage these common human reactions to avoid making a volatile situation worse
US egg prices break record high for third consecutive month even as inflation drops The 12-month inflation rate of 2.4%, down from 2.8% in February, was largely fueled by a sharp fall in gas prices
We’ve been spared financial Armageddon, but Trump’s tariff chaos is far from over The bond markets’ ability to intimidate anybody survives intact, but the damage done by policy unpredictability will not be forgotten
Barclays cuts rates on some mortgages to below 4% amid US tariffs turmoil Bank is largest UK lender to cut rates in apparent response to turbulence, and experts predict others will follow
Trump tariff pause brings relief for global stock markets Asian and European markets rise amid signs trade war may not be as damaging to global economy as feared
Why did Trump retreat on tariffs and is the market reaction justified? The president’s pausing of some tariffs has sent shares soaring but levies on imports remain at the highest level since the 1930s