Trump tariff pause sends markets soaring, with S&P 500 seeing one of biggest days since second world war – business live

Trump insists ‘China wants to make a deal’ after raising tariffs to 125% while as 90-day tariff pause for most countries sparks market surge

British Steel races against time as crisis talks end without deal

Lisa Nandy says commercial solution achievable amid fears plant running out of options to secure raw materials

The Guardian view on Trump’s trade war: no one will win, but China is taking the long view

Editorial: Beijing is braced for turbulence due to swingeing tariffs. But it sees a bigger, more promising story of US hegemonic decline

Trump pauses plans to hike US tariffs on most countries except China

Trump says he will raise US tariffs on Chinese exports to 125% and unveils 90-day pause for other countries

Big brands v retailers: who will absorb the tariff impact in their profit margins?

It may take at least six months for retailers like JD Sports to know the real-world effects of Trump’s trade warfare

Starmer rejects claim there are ‘strong arguments’ for suspending fiscal rules amid US tariffs – as it happened

The PM doubled down on his insistence the government won’t change its fiscal rules, describing them as ‘ironclad’ and ‘non-negotiable’

Trump’s crash course: inside the 11 April edition

America’s tariff war on the world. Plus: The big, unsellable art of Jeremy Deller

China announces 84% tariffs on all US goods in response to Trump’s 104%

US Treasury secretary indicates openness to trade agreements after stock markets fall further in Europe

Dramatic sell-off of US government bonds as tariff war panic deepens

Falling demand suggests loss of financial confidence in US as Donald Trump escalates trade standoff with China

‘This is awkward’: Coffee-Mate released piña colada creamer before White Lotus finale

Nestlé-owned company was surprised after dramatic finale to show’s third season aired, involving poisoned drink

Lord Kalms obituary

Businessman who loved selling and built up his multimillion-pound retail empire from a single shop in Hendon, north London

Bank of England says AI software could create market crisis for profit

Concern grows over programs deployed to act with autonomy that may ‘exploit weaknesses’

I’ve seen many phoney trade wars come and go. This is the real thing

This battle between the US and China goes far beyond market turmoil – it has killed off the liberal dream of a borderless world, says Guardian columnist Larry Elliott

EU to impose retaliatory 25% tariffs on US goods from almonds to yachts

Bloc says it ‘considers US tariffs unjustified and damaging, causing economic harm to both sides’

Trump’s tariffs could push Australia into recession town. So why is the RBA waiting until May to meet?

Our central bank continues to act as though nothing out of the ordinary has happened. In fact the opposite is true