Equities, dollar and oil slide as scale of US levies on Chinese imports deepens recession fears

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

Trade war and Opec output surge create toughest challenge since the Covid-19 pandemic, executives say

Investors warn 145% duties on US imports from China to hit growth even as president rolls back other levies

The market turmoil and pressure from Wall Street to Capitol Hill proved too much for the US president

President Volodymyr Zelenskyy accuses Beijing of doing nothing to stop Moscow enlisting its citizens

Washington pauses most tariffs against countries that have not retaliated but increases levies on China

The move would allow the Chinese-owned steelmaker to prolong production at the remaining furnace at its Scunthorpe site

Prime minister admits he does not know if Trump can be persuaded to scrap 10% levy on all imports

iPhone maker is facing one of the biggest threats to its business in years

Long-delayed talks between London and New Delhi given fresh impetus by US taxes on imports

Italian fashion group set to announce $1.38bn tie-up with Capri-owned house as soon as Thursday

A guide to the hedge fund strategies fuelling the tariff turmoil

Beijing to match new duties imposed by Donald Trump with effect from Thursday as trade war escalates

The double whammy of falling bond and equity prices could partly be hedge funds unwinding so-called ‘basis trades’

Jump in yields on 30-year gilts comes as investors also dump US Treasuries

So long, sweet price

Attempts to read grand strategy into the US president’s doings have run their course