A trade court has smacked down Donald Trump's "Liberation Day" sweeping tariff plans. Three judges ruled that the US president had pushed the boundaries of his own executive authority beyond its limits when implementing broad tariffs. Members of Trump's camp have already labelled it a "judicial coup" and insisted the decision will be overturned quickly. But this is another hammer blow to his economic plan - can he restore his credibility with the markets after months of relentless uncertainty?

Later, Keir Starmer has used an impromptu speech in the north-west to paint Nigel Farage as Liz Truss 2.0 - warning that he would "crash the economy" and trying to focus voters' minds on the choice between Labour and Reform. The next election is four years away - so why is the PM holding a campaign style stump speech to attack a political rival? And will it work?

The News Agents is brought to you by HSBC UK - https://www.hsbc.co.uk/