Trump’s tariff battle with China has ‘echoes of the Vietnam war’, US economist says Adam Posen, former Bank of England policymaker, compared the tactics to Johnson and Nixon refusing to back down
Trump was playing chicken with tariffs. Then he chickened out In a second term of fiat, flubbing and flip–flopping, Trump pursued his desire to wield a club over everyone and everything
UK economy far exceeds forecasts to grow 0.5% in boost to Rachel Reeves February GDP rise was bigger than forecast but impact from Donald Trump’s tariff war has yet to come
GDP jump offers Rachel Reeves some light as UK enters Trump tariff tunnel Growth defied forecasts that chancellor had hobbled economy, but trade war casts long shadow
China raises US tariffs to 125% as Xi invites EU to team up against Trump ‘bullying’ Chinese leader canvasses Spain and other trading partners on how to tackle economic fallout as market turmoil continues
Trump’s economic adviser dampens Starmer’s hopes of tariffs relief It would take an ‘extraordinary deal’ for any country to improve on 10% rate, says Kevin Hassett
Retailers fear Trump tariffs gloom will worsen footfall on UK high streets Shoppers stayed away in March as footfall declined 5% and stores worry US trade war could have chilling effect
US markets close with steep losses as Trump tariffs branded ‘worst self-inflicted wound’ by a successful economy – as it happened 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
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’
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
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
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