‘When I see £4 for an espresso in London . . . I see the limit,’ says Italian roaster’s boss

Trump’s tariffs were erratic and flawed but imbalances in the world economy are real

Mayhem threatens to erode the appeal of US investments — which could, perversely, help Trump get what he wants.

Sector ‘ideally positioned’ to take advantage of disruption to global supply chain

Stock markets of Taiwan, Thailand and Vietnam deep in the red this year, despite rallying after reprieve on tariffs

Investors rush away from junk bonds and leveraged loans on rising recession fears

Equities, dollar and oil slide as scale of US levies on Chinese imports deepens recession fears

But trade war with China and tariffs on most US imports still risk great harm

Regular guidance from executives on the near-term path of profit just got more elusive

Countries queueing to negotiate with the White House have 90 days to strike a trade deal

PBoC has allowed weakening in ‘fixing’ rate for the onshore currency for six consecutive sessions

Swiss government and watchdog propose higher requirements for lender that rescued Credit Suisse

Swapsmageddon or a Basisclysm?

Sell-off in 10- and 30-year gilts prompts central bank’s decision to sell only shorter maturity bonds in April 14 auction

Global financial groups continue to deal with Indian conglomerate despite US legal troubles

Gulf state buys significant stake in US shale operations amid Trump administration’s pledge to unleash energy exports

The capacity crunch linked to artificial intelligence could complicate Washington’s race to lead in the technology

World’s largest cocoa processor revises down sales forecast and warns on price volatility

City of London broadly welcomes second five-year term for former LSE chief