Trump says he will impose 30% tariffs on the EU and Mexico from August 1

US president issues new threats against trading partners in letters posted to social media
US demands to know what allies would do in event of war over Taiwan

Trump administration raises eyebrows by calling for commitments from Australia and Japan
Africa’s top garment exporter could fold under US tariffs, minister says

Lesotho, which supplies Levi’s and Wrangler, declares ‘state of disaster’ as Trump threat triggers job cuts
‘It’s a strength’: female business leaders back Reeves’ tearful moment

Displaying emotion is part of ‘our humanity’ says CBI chief
Tidings from my stock market humble pie

Retail investors who bought the dip after the tariff sell-off have done well but the outlook for US shares is still challenged
The new age of geoeconomics

Donald Trump’s tariff threats are just part of a much wider shift. Gillian Tett explains why commerce is being subordinated to statecraft — and how we can adapt