Hungary ‘rapidly going in wrong direction’, EU lawmakers warn after visit – as it happened
Delegation of European parliament lawmakers raise concerns about ‘number of worrying developments’ concern country’s compliances with EU values
More than £2bn wiped from value of UK distributor amid Trump tariff uncertainty
Shares in Bunzl, which provides everyday goods for other firms, plunge more than 25%
JD Vance says US hopeful of ‘great’ trade deal with UK
Vice-president says Donald Trump ‘loves’ the UK and there is good chance of reaching mutually beneficial agreement
‘The sky won’t fall’: China plays down Trump tariff risks as stock markets rally
Chinese customs official says trade has diversified away from US in recent years and plays up ‘vast domestic market’
Another UK government is doing contradictory things when it comes to China
Approach to expanding trade has been castigated for allowing Beijing to invest heavily in vital UK infrastructure
UN calls on Trump to exempt poorest countries from ‘reciprocal’ tariffs
Unctad says many countries targeted with high tariff rates are unlikely to be a threat to US
Sky-high US-China tariffs are a mutual trade embargo that will hurt both sides
Effects could tip one into recession and undermine other’s fragile economy but prospects for rapprochement are not hopeless
Sony hikes PlayStation 5 price by 25% as Trump tariffs bite
PS5 digital price in UK would rise to £430 and €500 in Europe as Japanese games developer cites ‘challenging economic environment’
US stock markets expected to recover after Trump drops tariffs on mobiles
Exemption, seen as a climbdown, includes laptops and chips, and is likely to help firms such as Apple and Nvidia
Terrible timing and huge uncertainty: how ports and shipping are handling tariff turmoil
As they reel from Trump’s policies, companies say volatile freight costs and congestion are now the norm
Trump’s bullying must stop but the true costs of globalisation will remain
We cannot return to the status quo before ‘liberation day’, with western economies hollowed out by free-market capitalism
‘How much will a manic Trump cost me?’ Pension savers’ anxiety rises over market volatility
Guardian readers say they have been hit hard by the US-inspired trade war, with some having lost tens of thousands from their pots
In the face of Trump’s mayhem, Europe is the direction to which the UK must turn – and Keir Starmer knows it
The PM will not antagonise the unpredictable president, but it is clear to No 10 that Trump is the problem and the solution lies elsewhere, says journalist and Keir Starmer biographer Tom Baldwin
Did Trump’s tariffs kill economic populism?
Lasting damage has been done not only to Trump’s political credibility but to globalisation as a system
US stock markets rally as White House says there is ‘great optimism’ in the economy – as it happened
US markets close on high note after turbulent week as White House insists Trump’s tariffs are ‘proven economic formula’