US stocks surge as Trump pauses ‘reciprocal’ tariffs for 90 days
Most countries’ imports face a maximum 10% levy but Trump hits China harder
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British Steel prepares to idle one of its two blast furnaces
The move would allow the Chinese-owned steelmaker to prolong production at the remaining furnace at its Scunthorpe site
Bitcoin stabilises as hopes rise Trump tariffs will renew interest in crypto
Cryptocurrency recovers off lows even as US and China ratchet up trade tensions
Brent crude dips below $60 per barrel for first time in 4 years
Oil price hit by recession fears as trade war between US and China escalates
US government debt sinks as pivotal $39bn Treasury auction looms
Investors contend with fallout as Donald Trump’s sweeping tariffs come into effect
Cost of insuring Europe’s riskiest companies against debt defaults surges
Costs jump to 18-month highs as fears grow about health of region’s highly indebted groups