‘They need a reset’: gloom in Davos as Trump boom leaves Europe behind America First doctrine and threat of tariffs leave EU elite wondering how it can close economic gulf with US
Trump uses Davos address to accuse oil producers of prolonging Ukraine war President also threatens tariffs on imports to US and repeats call for Nato countries to increase defence spending to 5%
What is the pan-Europe customs area that the EU is open to the UK joining? Trade chief has said membership of Pan-Euro-Mediterranean convention could be part of ‘reset’ discussions
EU trade chief says it ‘could consider’ UK joining pan-Europe customs deal Maroš Šefčovič says ‘the ball is in the UK’s court’ as British ministers reportedly consult businesses
Trump threatens 10% tariff on China and considers EU levy Yuan and Chinese stocks fall despite suggestion of lower tariff than president mentioned during campaign
Davos is appealing for ‘collaboration in the intelligent age’. Good luck with that The annual gathering of the globally minded is looking forlorn in the light of Trump 2.0 and trade rows
Trump versus the bond market: president-elect’s campaign rhetoric puts investors on edge Some analysts fear ballooning federal debt and a bullish stock market means ‘something will surely snap’
IMF upgrades UK growth forecast and takes swipe at Trump plans UK economy predicted to grow by 1.6% this year as fund warns of potentially destabilising effect of Trump policy
‘TARIFFS all the way!!!’: EU mulls carrots and sticks to counter Trump on trade Bloc may ward off incoming president’s threats by buying more US goods, or impose its own tariffs in retaliation
Halt illegal imports of conflict minerals from DRC, campaigners urge EU Law to stop armed groups profiting from trade in gold, tin, tungsten and tantalum is being breached, rights groups say
Canada’s provincial leaders in disarray over response to Trump tariff threats Responses range from conciliation to retaliation, including cutting off electricity and halting the purchase of US liquor
UK bans German meat and dairy products after foot-and-mouth case Import of pork, lamb and beef as well as live cattle, sheep and pigs suspended amid outbreak near Berlin
UK low- to middle-income families far poorer than OECD counterparts – study Britons 39% worse off than Dutch equivalent due to housing costs 44% higher than western European average
Treasury minister moves to reassure markets after UK borrowing costs soar Treasury chief secretary responds to urgent question in Commons as market turmoil hits pound
Rachel Reeves heads to China to build bridges, but new golden era of relations is impossible Seeking business partners is sound policy, but even in these darker geopolitical times the UK will still side with the US