Labor has managed to tame inflation in an election year – but is anybody listening? The PM is right to say the cost of living is rising slower than before, but until the RBA cuts rates it’s likely nobody cares
Hunt: Starmer should not retaliate if Trump hits UK with trade tariffs Former chancellor says UK does not have enough economic firepower to start a trade war with the US
China unveils US tariffs and Google investigation in response to Trump levies Tariffs on coal, LNG, crude oil and other goods announced after US imposes levy on imports
Eurozone facing ‘sizeable’ hit from trade tensions, as US-China tariff war 2.0 kicks off – as it happened Rolling coverage of the latest economic and financial news, as Trump delays tariffs on Canada and Mexico, and China hits back with its own sanctions
Iran reformists urge concessions in attempt to reconnect to west Decision expected in next week that could allow country to rejoin international banking system
China has reacted in kind to Trump’s tariffs, but a deal may still emerge Beijing will defend its core interests, but its initial response is more cautious than when Trump imposed levies in 2018
UK grocery inflation slows for first time in six months amid rise in promotions Kantar figures could be good news for government as food price rises have fuelled persistent UK inflation
Global stock markets come under pressure amid ‘Trump tariff tantrum’ Markets recover some losses after Trump agreed to delay new duties on Mexico goods, sparking hopes of a reprieve
Trump tariffs: what’s at stake for the UK and EU? The US president has threatened to target Europe after launching then pausing import tariffs on Canada and Mexico
EU will stand up for itself in face of Trump tariffs threat, Macron says French president and other leaders call for cooperation with Washington but vow a robust response if needed
US, EU and UK stock markets hit by global trade war fears as JPMorgan says Trump administration may be ‘business unfriendly’ – as it happened European markets fall as Trump says EU tariffs will ‘definitely happen’, but stocks recover after Mexican tariffs delayed by a month
Trump tariffs: markets brace for falls as Mexico and Canada hit back Fears grow for global trade, with major indices likely to plunge as US trading partners quickly retaliate, raising chance China and EU will follow suit
How Donald Trump’s trade tariffs could affect the UK From rising gilt yields to higher inflation, the UK may suffer indirectly from US tariffs
Trump’s tariffs could have grim knock-on effects for UK’s economy British policymakers watch nervously, fearing a weaker pound and inflation even if US tariffs are not applied directly
Pressure rises on Bank of England and the Fed as the interest rate debate gets political The UK is likely to make a cut this week; Trump has made it very clear he wants his central bank to follow suit