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

US president insists country is going to flourish as markets close sharply down; Republican ex-leader Mitch McConnell says tariffs are a ‘bad policy’

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

Macron calls Trump’s tariffs ‘brutal and unfounded’ and warns France could suspend US investments – as it happened

President says ‘nothing can be ruled out’ in response to US measures

UK takes first step towards possible retaliation against US tariffs

Jonathan Reynolds tells MPs he is keeping ‘all options on the table’ after Trump’s announcement of import taxes on British goods

Tata redundancy scheme targeted older, non-Indian nationals in UK, tribunal hears

Three claimants allege Mumbai-based consultancy firm discriminated against them during restructuring

‘Generational shift’: UK gyms busier than ever as gen Zers ditch pub for pilates

More health-conscious young people take total to 11.5m memberships, report finds, as experts cite social aspect alongside fitness

What Trump’s tariffs could mean for UK consumers

A global trade war could affect everything from prices to pensions, and inflation to interest rates

From hormone-treated beef to tech taxes: what’s at stake in UK-US trade talks?

Ministers are considering how to secure an agreement that might exempt Britain from Trump’s tariffs