Business

Donald Trump flourished his list of tariffs like a gameshow host in the White House Rose Garden on Wednesday – but there were no winners from the president's made-for-TV show of economic strength.

Donald Trump's trade war escalation has sparked a global sell-off, with US stock markets seeing the biggest declines in a hit to values estimated above $2trn.

British companies and business groups have expressed alarm over President Donald Trump's 10% tariff on UK goods entering the US – but cautioned against retaliatory measures.

The accountancy firm MHA is struggling to hit a £125m fundraising target as part of plans that would see its shares listed on the London Stock Exchange.

Economists immediately started scratching their heads when Donald Trump raised his tariffs placard in the Rose Garden on Wednesday. 

Russia is the glaring omission from Donald Trump's tariffs list. Along with Cuba, Belarus and North Korea, it has been spared the sweeping measures, with America's foes apparently treated better than many of its friends.

The Carphone Warehouse co-founder David Ross is ploughing millions of pounds into Jigsaw, the fashion retailer, in a deal that will result in him becoming its majority shareholder.

Europe's biggest debt collection group is hoisting a for sale sign above part of its international operations after approaches from bidders.

World leaders and governments have begun reacting to Donald Trump's sweeping tariffs.

For decades, trade and trade policy has been an economic and political backwater - decidedly boring, seemingly uncontroversial.