Former PM says it is also the moment for the UK to go even further in renewing ties with the EU

• Trump is pushing the world into recession. By learning the lessons of 2008, we can still prevent it | Gordon Brown

Gordon Brown has called for an “economic coalition of the willing” to respond to Donald Trump’s tariffs with coordinated economic policies, including a reduction of interest rates.

The former prime minister also said it was a moment for the UK to go even further in renewing ties with the EU, suggesting it should mean “collaboration that is even more extensive than removing post-Brexit trade barriers”.

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Instead of standing up to Trump, the PM is encouraging people who want to destroy our values to come and do it in our country at reduced tax rates

On 1 April, the TV comedian John Richardsons, who you will have seen on many panel shows, announced he was becoming a teacher, having already completed the training in secret. I was humbled by Richardsons’s decision to do something genuinely worthwhile and by his foolhardy bravery. How would he control a class of teenagers pre-armed with clips of him clowning around with Russell Brand on The Great Celebrity Bake Off?

But it turned out Richardsons’s story was merely an April fool prank. D’oh! The fact that the inspiring tale wasn’t true left me deeply saddened, like the time I wept when my mum finally told me Father Christmas hadn’t been eating the mince pies I’d made for him. I was 28 years old.

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Some analysts say that if costs incurred by tariffs pass to consumers, US iPhone prices could rise by hundreds of dollars.

There is an opportunity for Britain in areas such as green finance, though it needs to keep clear red lines over security

The US is urging countries to agree new trade deals. The perceived risk is a bipolar world, where countries have to choose between the US and China. What are the implications for the UK?

In all likelihood this choice is avoidable. The global economy is so interconnected, fragmentation is more likely than a bipolar world.

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The World Trade Organization has warned that the outlook for global trade has “deteriorated sharply” in the wake of President Donald Trump’s tariffs regime.