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Industry warns that trade disruption will raise prices for hospitals

An America First foreign policy is impossible without it

Analysts say key AI component supplier overtook South Korean rival Samsung in Dram memory in first quarter

First-quarter data highlights economic weakness just as Seoul launches tariff talks with US

President’s latest retreat follows intense lobbying by industry executives

Beijing steps up efforts to woo Brussels as 145% tariffs imposed by US seal off its biggest market

Chancellor says a deal ‘can be done’ with Washington but insists Britain will not lower food or auto standards

Review part of package of measures aimed at guarding against Chinese products being diverted to Britain

CEO warns US aerospace group is ‘not going to continue to build aeroplanes for customers who are not going to take them’

Reputational damage to the Fed and US assets will not be easily reversed

US Treasury secretary calls for reform but stops short of saying country could pull out of the global institutions

Secretive US firm continued to make inroads into business once dominated by Wall Street heavyweights

Fund warns global government debt could reach 117% of output by 2027 or worse if trade tensions intensify

Billionaire founder of Virgin Group speaks out against potential damage of US economic policies

Also in today’s newsletter, Putin’s Ukraine proposal and Maga Catholics seek ‘Trump-like’ pope

Optimism falls to lowest level since November 2022 while activity declines to close to stagnation

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Global stocks and dollar rise after US president eases pressure on Fed chair

China’s biggest car show hears German group’s ability ‘to import and export in all directions’ is affected

Treasury secretary tempers optimism over negotiations with Beijing, saying it would ‘be a slog’