Full-year profits at world’s largest asset manager have fallen

Markets were volatile in early months of Trump administration

Biggest US bank posts 9% rise in quarterly profits as market tumult boosts trading business

Beijing accuses Trump of violating ‘basic economic laws and common sense’ as it announces tit-for-tat rise in duties

Col Susannah Meyers accused of ‘subverting’ Donald Trump’s agenda

FCA’s approval comes as the fast-fashion company faces major challenges from Trump’s tariffs

Pharma group builds out American supply chains as part of preparations for potential US tariffs

Figure comes as Rachel Reeves contends with impact of Trump tariffs

Insulated from industry tumult, smaller French group seeks to move on from turnaround by boosting EV and hybrid sales

Analysts estimate Donald Trump’s levies could cost the average household $4,700 a year

It’s not just bread and circuses any more

Trump’s tariffs were erratic and flawed but imbalances in the world economy are real

Testers have raised concerns that its technology is being rushed out without sufficient safeguards

Chief executive says soaring coffee prices driven in part by speculation in the market

Defence department’s move is part of Trump administration’s ongoing purge of consultancy spending

Analysts point to crisis of confidence in US currency amid chaotic rollout of Trump tariffs

Scale of US levies on Chinese goods deepens recession fears

He Weidong was number-two officer in People’s Liberation Army and member of Communist party politburo

European Commission president tells FT she wants ‘balanced’ deal but could hit US services in retaliation

Bridget Brink is stepping down after policy disagreements with the Trump administration

Lawyers for French football captain unveil raft of actions in escalation of dispute with former club

Regular guidance from executives on the near-term path of profit just got more elusive

Deputy governor Sarah Breeden says it is too soon to untangle inflationary implications stemming from trade barriers

Gulf state pushes for free trade agreement with bloc

Trip by Tony Radakin announced only by China’s government amid strained Sino-American relations

PBoC has allowed weakening in ‘fixing’ rate for the onshore currency for six consecutive sessions

The shock of tariffs is pulling Beijing back to economic fundamentals

Swap in Abu Dhabi latest ‘confidence-building measure’ between Trump administration and Moscow

Drop comes as Fed grapples with how to respond to Donald Trump’s tariff U-turns

Brussels suspends measures to hit €21bn of US imports to allow for negotiations with Trump administration

Brokers warn some lenders might be slow to pass on lower prices due to uncertainty around trade policy

Sell-off in 10- and 30-year gilts prompts central bank’s decision to sell only shorter maturity bonds in April 14 auction

Shipments cancelled as punitive levies hit

Gulf state buys significant stake in US shale operations amid Trump administration’s pledge to unleash energy exports

The US president’s tariffs on UK cars and other exports reveal the hollow promise of global Britain

Investors and governments are relieved by the latest U-turn, but the outlook remains uncertain

Violent gyrations in equity markets are not just a matter for New York billionaires

The consequences of a move like Trump’s are fiendishly hard to predict

Cull of watchdog’s workers disproportionately affected staff overseeing tech on which billionaire has staked his company’s future

The broadcaster has agreed a deal to produce a UK version of NBC’s long-running comedy series for the first time