Investors and companies can adjust to most things when they know the rules but under Trump, the rules keep changing

Figure comes as Trump administration makes sweeping cuts to the federal workforce

Industry blindsided by 25% levy and confused whether it applies only to products imported in cans

Trump says Beijing ‘panicked’ as markets tumble

US government debt has surged as Trump’s trade war sparks exodus from American stocks and the dollar

Bets on surging import prices show concern that US economy is slowing sharply or even flirting with recession

Outside of the Maga ecosystem, bad economic news is starting to cut through

Progressives and moderates are divided over how to stand up to Donald Trump — and much else

UK seeks improved trade deal with US after 10% rate applied to Britain

Exit follows a bruising period for UK oil major

Stocks, bond yields and oil fall steeply as investors brace for full-blown trade war

Maga critics circle around hawkish foreign policy adviser who was at centre of ‘Signalgate’ fiasco

EU officials ready emergency measures to prevent onslaught of discounted products in ‘economic nightmare’

The new field of ‘geoeconomics’ offers a guide for the perplexed

US president suggests he is open to horse-trading a day after imposing severe import levies on Chinese goods

Nations prepare offers to Washington including weapons deals, dropping their own tariffs and moves against China

Ruling against Yoon Suk Yeol means election will be held in May amid highly polarised climate

Yoon Suk Yeol’s shortlived attempt to impose military rule triggered political crisis

US president’s trade war draws criticism from some senators and big donors

Financiers thought Trump would usher in a pro-business era but financial stocks have stumbled as tariff plans became clear

US president defends levies even as market behemoths, including Apple, sink most in years

Sacking comes as president dismisses officials from National Security Council

Exporters from cars to whisky hit, while economists warn of growth impact

UK chancellor Rachel Reeves dismissed idea of launching tax later in bid to ‘maximise revenue’, Treasury documents reveal

Beijing denounces ‘biased’ move by rating agency, insisting country’s economic foundations are stable

The market was far too optimistic

Trump’s tariffs will upend the global economic order and tarnish US prosperity

Component facilities in Michigan and Indiana are hit after carmaker idles production in Canada and Mexico

Islands’ exports to US — a category composed almost entirely of a succulent deep-sea fish — will face 42 per cent levy from next week

Trump administration’s moves put ‘China plus one’ manufacturing strategy at risk

US consumers are likely to be hit by the price rises across sectors from aviation to autos

The ‘mountain kingdom’ of Lesotho joins Pacific island Nauru on list of countries hit with punishing US tariffs

Unexpected increase in supply comes as concern over world economy hits several commodities

The Republicans have allowed a destructive economic nationalist to lead America into chaos

iPhone maker one of Wall Street’s biggest casualties despite Tim Cook’s efforts to court US president

‘Hard decoupling’ between world’s two largest economies could derail negotiations covering TikTok

Misplaced nostalgia is not a good enough reason for something that will only hurt voters

Beans and chocolate prices set to rise as a result of new levies

Wall Street’s blue-chip companies including Apple tumble as investors rush for safety of government bonds

President’s move to rip up global trade rule book will hit an economy already losing momentum, say economists