State governor argues duties will lead to job losses and higher prices

Ngozi Okonjo-Iweala says dispute could ‘force countries to choose’ between the two trading partners

Jingye makes first comments after ministers seized control of struggling company

Unanimous decision by judges is a blow for transgender rights campaigners

Not since the crash of 2008 has free trade held the moral and intellectual high ground

A range of policies, including tariffs, are leading foreign firms to question their dependence on US funding

Shares in industry’s leading equipment supplier fall as it warns of ‘dynamic’ environment

Accounting regulator’s probe will focus on audits for four financial years to 2018

Traders cement bets on at least three quarter-point interest rate cuts this year

Britons are skilled at navigating the humiliation unleashed by political and market chaos — allow us to give you some tips

My arrest in the government’s attempt to crush dissent shows how important the stability of my country is

African firms say they lost over a third of their business as global executives forced them to drop risky clients

Exporters frontload shipments to beat levies as US president says ‘ball’ is in Beijing’s court to start talks

US president could escalate trade conflict with Beijing by launching probe into supplies

Trump administration’s curbs send chipmaker’s shares sliding

Britain would be able to deport one person in exchange for the French sending another individual the other way

Warning signals new escalation in US president’s attacks on universities

Ofgem to launch review into how network and other costs are recouped through consumers’ bills

Chinese carmaker’s absence from the US, once seen as a weakness, has turned into an asset

Trump’s delight in doing whatever he wishes in the moment is incompatible with stability and sustained dynamism

JPMorgan chief tells the FT that Washington and Beijing ‘should engage’ as tariffs escalate

European Banking Authority says variable pay for some staff has risen to more than €1mn

FCC chair Brendan Carr urges ‘western allies’ to pick Elon Musk’s Starlink satellite internet company

Diplomats from the bloc say American negotiators stressed the need for levies as part of efforts to repatriate industry

Banks have gained from surge in volumes amid market gyrations

The president’s refusal to accept a Supreme Court ruling on illegal deportation is a turning point

US vice-president says Trump administration is ‘working very hard’ with Starmer government on tariffs

The maker of Birkin bags is now the world’s most valuable luxury company, as investors bet on continued struggles at LVMH

International Energy Agency says situation ‘fluid and substantial risks remain’

Payrolled employment falls even as wage growth remains strong

President acknowledges companies ‘need a little bit of time’ before they can manufacture in US

Planning, diversified markets and control of strategic materials potentially give Beijing leverage — if it can bear the pain

Titans of finance and business are beginning to realise they misread the president’s second-term priorities

The late Intel CEO proposed establishing a bank to back companies that scaled their factories in the US

Airlines and manufacturers prepare for stand-off over cost of levies

Brussels says invoking ‘force majeure’ clause would allow contract termination without penalties

Move marks escalation in stand-off between White House and US universities

More than 70% of people say they intend to support UK businesses

10-year yield falls for first time since April 4 as investors scoop up Treasuries

Blockbuster antitrust trial that could force break-up of $1.5tn tech giant gets under way in Washington