Exporters frontload shipments to beat Donald Trump’s tariffs

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

Trump administration’s curbs send chipmaker’s shares sliding in after-hours trading

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 a 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

Slowdown in high-yield bond market issuance threatens a tentative rebound in dealmaking

Donald Trump also says he is considering ‘something to help car companies’

Ministers urged to review Beijing’s role in critical national infrastructure and supply chains

Governor Christopher Waller warns that should Trump resume steep duties growth will ‘slow to a crawl’

Sharp market reversals have wrongfooted many computer-driven traders betting on market trends

Slowing demand in the US and ongoing struggles in China will raise concerns for an industry grappling with Trump’s tariffs

None of the big bank chiefs really know whether Trump’s fickle policies are causing good volatility or bad

With the US and China facing off in a tariff war, the time has come for the UK to pivot

David Solomon warned of risk of uncertainty, even after bank reported first-quarter results boosted by market volatility

European Commission officials heading to IMF and World Bank spring meetings advised to travel with basic devices

The White House has miscalculated the balance of power in its tariff war with China

Japanese group cites ‘challenging economic environment’ as Trump’s tariffs throw supply chains into uncertainty