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Declines come after the worst week for Wall Street equities since the pandemic

Treasury secretary rejects recession fears and says tough ‘reciprocal’ levies will not be delayed

Corporate credit is ‘the canary in the coal mine’ for a faltering economy, analysts warn

Pensions and endowments seek exit from battered portfolios in blow to buyout industry

Voter and business sentiment will pile pressure on the president’s agenda

Response to Donald Trump’s second term has been greater, according to executives

New rules will allow manufacturers to sell full hybrid and plug-in hybrid vehicles until 2035

Far right leader addresses supporters at demonstration after conviction that could ban her from standing for president

Trump’s Africa adviser agrees ‘path forward’ to drive American mining investment as Tshisekedi government seeks to shore up support

Executives unsure how far to go in re-engineering their businesses and hope they can lobby US president to ease policies

Move signals push by American president to widen his ideological campaign abroad

France, Ireland and Italy among a slew of objections to EU’s proposals to hit back at US

After markets tumble, president reiterates that his policies ‘will never change’ in social media post

Fed chief Jay Powell warns that Trump’s levies will slow US growth and increase inflation

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

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

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

Prime minister still hopes to secure a trade deal with the US president

Commission chief Ursula von der Leyen says Brussels could hit Big Tech services exports

State election has become most expensive judicial race in US history as Tesla boss spends unprecedented amount

The bank’s integration of Credit Suisse is going well. It’s everything else that’s the problem

Centre-right premier of Saxony latest to question curbs on Russia over Ukraine invasion

Stepping in to save the media outlet after US cuts could help European democracies combat Russian disinformation, writes Peter Pomerantsev

Katrina Armstrong exits a week after the institution agreed to a list of reforms to fend off funding cuts

Past periods of protectionism suggest it is easier to start trade wars than end them

The commitment to reaching decisions by consensus has led to paralysis

US president’s 1980s book ‘Art of the Deal’ describes a negotiating style that has some positives but many pitfalls

US president’s imposition of global tariffs signals a shift in global economic policy

Biggest inflow since onset of pandemic pushes bullion to fresh highs as traders hunt for haven assets

And will wealthy consumers pull back?

Far-right leader has limited legal options as ruling fires starting gun on race to succeed Emmanuel Macron

Action against Eni and Global Oil Terminals follows cancellation of Chevron’s licence in Latin American country

Boycott Tesla if it makes you feel better — but the best critiques of Trump and Musk will come from the US itself

Trump says Beijing ‘panicked’ and vows not to back down

If society is shot through with genetic influences, how should social inequality be addressed?

Policymakers in Beijing believe they will benefit from the destruction of America’s global credibility

Sir Keir Starmer may have to make concessions on Britain’s digital services tax and agriculture

Swedish fintech brought ‘pay in four’ to everything from food to fashion but sceptics point to model’s vulnerabilities

The government must embark on a much more radical programme of structural reforms

Visitors suffer hostile treatment since Donald Trump’s return to the White House