The business secretary says he wants to reach an economic deal but would take "necessary steps' if talks failed.

Donald Trump slaps much of the world with a 10% baseline tariff while others face even higher rates. Our correspondents answer your questions.

Leading stock indexes in the US open more than 3% lower, following declines in Europe and Asia.

British Steel's owner has cancelled coal and iron ore shipments to the Scunthorpe plant.

The impact of the tariffs will be huge, with significant changes to long-standing global avenues of trade.