The president also hit India with a 50% tariff and threatened a 100% levy on foreign-made computer chips.
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Apple to invest $100bn after pressure from Trump
The US president has called on Apple to do more of its manufacturing in the US.
Horizon victim sues Post Office and Fujitsu for £4m
This is the first time full details of a complex claim for compensation have been made public.
What economic levers are left for Reeves to pull?
The Chancellor Rachel Reeves is due to deliver her Budget in the autumn.
Reeves must raise tax to cover £41bn gap, says think tank
Sir Keir Starmer defended the government’s handling of the economy but failed to answer a question about taxes.
Trump threatens 50% tariffs on India for buying Russian oil
India, which now faces among the highest tariff rates imposed by the US, called the levy “unjustified and unreasonable”.
Ofwat chief executive to resign at end of month
David Black’s resignation comes after the government said the water regulator will be abolished to create a new watchdog.
Former star fund manager and firm face £46m fine
Neil Woodford and his investment firm have been fined by the financial watchdog, after 300,000 people lost money when the
BP to review oil and gas projects to boost profits
The announcement comes as the UK-based energy giant refocuses its business on fossil fuels.
£100m of premium bond prizes remain unclaimed
Critics want the system used to trace accounts to be reformed so people do not miss out on prizes.