#TrumpTariffs European markets hold on to early gains and major Asian markets recover slightly following days of losses in the wake of Donald Trump's tariffs

The UK's FTSE 100 opens 1% up, with France's Cac 40 index up 1.8% and Germany's Dax opening 1.3% higher

China says it will "fight to the end" after Trump threatened to hit Beijing with an extra 50% tariff if it doesn't withdraw its retaliatory levy on Tuesday

Beijing's commerce ministry accuses the Trump administration of blackmail and says his tariffs are "a typical unilateral bullying practice"

The new tariffs could leave some US companies bringing in certain goods from China facing a 104% tax - here's a timeline of how the tit-for-tat tariffs have unfolded

Trump appears locked in a high-stakes game of chicken, with the world's economy hanging in the balance, writes Anthony Zurcher