Chinese firms are racing to set up factories in Mexico to bypass US tariffs and sanctions.
Oil and gold prices have jumped, while shares have fallen.
Higher prices put off shoppers as sales volumes overall stagnate in March.
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease “at the end of 2024”.
New official figures show that inflation, the rate at which prices rise over time, fell again in March.
The slowing jobs market has raised questions over when the Bank of England might cut interest rates.
Britain faces new challenges from an older and sicker population, according to a new report.
Under-investment had led to a “complicated and unwieldy system” being used, a review has found.
The economy grew by 0.1%, official figures show, with the production sector providing the biggest boost.