EU ministers to meet to consider response to Donald Trump’s tariffs – Europe live

Meeting in Luxembourg follows EU trade commissioner’s meetings with US counterparts last week as Trump signals no intention to back down

FTSE 100 plunges 6% to one-year low amid market turmoil, as Trump says ‘sometimes you have to take medicine’ – business live

Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concerns

Average price fell by 0.5% in March to £296,699, the steepest decline since March last year, Halifax says

As M&S collaboration with Olivia von Halle launches, our intrepid writer road-tests Hollywood’s latest daytime PJ trend on the streets of Hackney

In today’s newsletter: Why the global sell-off continued in earnest this morning – and why it matters

Tit-for-tat levies on American goods may appeal to voters but would risk adding to UK’s economic headwinds

Despite its links to oral cancer, people in Hainan have for centuries produced and eaten betel nuts, which give a natural high. But sales are falling

Building society makes warning to fans desperate not to miss out as resale for Glastonbury festival approaches

Carmakers will be given more flexibility over targets on transitioning to electric vehicles

Kevin Hassett claims tariffs will not have a big effect on US consumers and there will be no ‘political coercion’ over interest rates

Analysts warn of possible recessions in the UK, US and EU while world leaders weigh up retaliatory action

Commerce secretary insists on CBS that tariffs will ‘stay in place’ as treasury secretary tells NBC negotiation is possible

Craig Donaldson challenging ruling by UK regulator, which accused him of misleading investors over £900m accounting blunder

Just 2% of total penalties paid, raising concerns about agency given new powers to fight economic crime

According to a new survey, over half of millennials work more than one job. It’s what they have to do in today’s economy