The president’s pausing of some tariffs has sent shares soaring but levies on imports remain at the highest level since the 1930sUS politics live – latest updatesThe twists and turns in Donald Trump’s tariff war with the rest of the world has sent financial markets spinning. Stock markets have rebounded in the US and across Europe and Asia after the White House paused some of the most punitive import charges on Wednesday, except those on China. We look at what happened, and the likely effects. Continue reading...