Trump triggers race to offer US blandishments before tariffs hit
Nations prepare offers to Washington including weapons purchases, dropping their own tariffs and joining moves against China
Davos forum founder Klaus Schwab to step down as chair of trustees
Head of body that hosts elite business conference says event must recover ‘sense of mission’
US High School Economics class: The best investment tip of all? Start when you’re young
Personal Finance
UK promises rapid review of NHS drug-pricing rebate
Under the scheme, drugmakers discount the price of medicines sold in bulk to the healthcare system
Heads roll at US National Security Council after activist alleges ‘disloyalty’
Sackings come as top adviser Mike Waltz comes under pressure for discussing military strikes in Signal chat
Oil slides as Opec+ lifts output and tariffs spark global growth fears
Unexpected increase in supply comes as concern over world economy hits several commodities
How Trump’s tariffs will hit the UK economy
Exporters from cars to whisky hit, while economists warn of growth impact
How to sift through Trump’s retail discount rack
Merchants that buy and sell excess merchandise from top brands might benefit from the trade war
Fitch downgrades China’s sovereign debt over spending and tariffs
Beijing denounces ‘biased’ move by rating agency, insisting country’s economic foundations are stable
Microsoft at 50: how adaptability under Nadella is paying off
For now, changes including AI continue to play to the tech giant’s strengths.
America’s astonishing act of self-harm
Trump’s tariffs will upend the global economic order and tarnish US prosperity
Jeep and Chrysler maker Stellantis to furlough 900 US workers
Component facilities in Michigan and Indiana are hit after carmaker idles production in Canada and Mexico
Dollar drops as Trump’s tariffs stoke economic fears
European and US markets fall sharply as investors react to trade broadside
Falklands toothfish caught in Trump’s tariff dragnet
Islands’ exports to US — a category composed almost entirely of a succulent deep-sea fish — will face 42 per cent levy from next week
European banks exposed to risk of US dollar shortfall, says EU watchdog
Banking regulator finds 60 out of 267 banks have insufficient US dollar funding to cover exposures in the currency
O dirang, Donald?
That’s Sesotho, and this is a post on that Lesotho tariff
UK cuts portion of foreign aid budget spent on asylum seekers in Britain
Costs have fallen because fewer hotels are being used and migrant returns have risen sharply
Puma replaces CEO with ex-Adidas sales head
German sportswear group blames ‘differing views on strategy’ for Arne Freundt’s exit
Sweeping tariffs threaten ‘Factory Asia’
Trump administration’s moves put ‘China plus one’ manufacturing strategy at risk
Six films to watch this week
Toby Jones and Lesley Manville star in Richard Burton origin story ‘Mr Burton’; Michel Hazanavicius directs animated Holocaust tale ‘The Most Precious of Cargoes’; magical creatures turn murderous in ‘Death of a Unicorn’; Jack Black brings goofy energy to ‘A Minecraft Movie’; Armageddon becomes a fu
Need more joined up thinking on the north
Also in this week’s newsletter, regional disparities in the government’s ‘growth spending’
Mr Burton — Richard Burton origin story plays it safe
Toby Jones combines Henry Higgins and Falstaff as the punctilious mentor who saw greatness in a Welsh schoolboy
A Minecraft Movie — big-screen game adaptation is no blockbuster
Jack Black brings his ‘Whoah dude!’ energy to a goofy mock-adventure that’s not built to last
Death of a Unicorn — Paul Rudd takes on magical creatures turned murderous
Richard E Grant, Jenna Ortega and Will Poulter also star in deranged horror-comedy of macabre pleasures