U S President Donald Trump has threatened to impose a "30% or 35%" tariff on Japan if a deal between the two countries is not reached before a deadline next week. That would be well above the 24% tariff Japan was hit with as part of Trump's so-called "Liberation Day" on 2 April, when he announced steep import duties on countries around the world.

Good morning. Donald Trump sticks with a July 9 tariff deadline. Keir Starmer’s planned welfare reforms are slashed. And a London-based startup unveils its latest smartphone. Listen to the day’s top stories.

Difficult talks with many nations cast doubt on next week’s deadline. “We can do whatever we want,” Trump said.