'New China tariff threat' and 'gift of life'

Most of Tuesday's front pages lead with markets around the world which continued to slide as US President Donald Trump vowed to stay the course. In its headline the i Paper says "billions wiped off pensions amid worldwide stock market turmoil". The paper reflects on Monday's trading and examines Asian, British and US markets dropping, sparking fears of a recession.

Fears of an escalatory tariff war between China and the US are laid out on the front of the Financial Times after Trump threatened additional 50% tariffs on China if Beijing did not withdraw its retaliatory levies. "Trump issues new China tariff threat" is the headline next to the lead story which is surrounded by some dramatic-looking graphs after US stocks closed slightly lower after a day of volatile trading.

Closer to home there is a defiant message from Trump which has caught the lead story on Tuesday's Metro. He is pictured on Air Force One telling reporters that tariffs are "medicine". Trump's medicine, the paper quips, "helps the world's economy go down".

Asked if he would be open to a pause in tariffs to allow for negotiations, Trump said on Monday: "We're not looking at that." These remarks shape the front page of the Guardian's lead as the president is pictured fielding questions from reporters next to White House Press Secretary Karoline Leavitt.

Matt's cartoon on the front of the Daily Telegraph also delves into the tariff turmoil. It shows a bat remembering the Covid-19 crisis: "They can't blame bats for the financial contagion. This one leaked from the White House." Above the drawing is a photo of Trump after the president called for calm.

The Daily Mail splashes on the story of the British woman who gave birth to a healthy baby girl after having her sister's womb transplanted into her in a UK first that could benefit thousands more women. A picture of Grace Davidson, who was born without a womb, husband Angus and baby Amy nestles to the side of the paper.

The Daily Mirror also leads with the donor sisters. Grace and her husband Angus have described welcoming baby Amy Isabel into the world in February as "the gift of life" - which forms the tabloid's headline.

The Daily Express also leads with the womb transplant "medical breakthrough".

The Times says having a cat or a dog boosts wellbeing as much as a wife or husband. The paper also speaks to the Gen Z student who, it says, is fighting online abuse.

More domestic news on the front of the Sun which says a 20-year-old man has been charged with assault after Manchester City and England midfielder Jack Grealish was allegedly slapped following Sunday's Premier League 0-0 draw with rivals Manchester United.

Finally, the Daily Star draws on the time it ran a series of stories leading to ex-Prime Minister Liz Truss famously failing to outlast the tabloid's 60p lettuce in office. Now the paper says "manbaby's doing even more than iceberg Liz to sink world economy".

Several papers lead on the baby who's become the first in Britain to be born from a transplanted womb.

"Gift of Life" is the Daily Mirror's headline as it pictures the mother, Grace Davidson, smiling alongside her sister, who donated her womb.

In an interview with the Daily Mail, Grace describes having her first period two weeks after the transplant, and crying with her husband after their positive pregnancy test.

For the Daily Express, it's a great testimony for NHS work that will bring hope to women.

In other domestic news, the Sun reports on Manchester City star Jack Grealish who was allegedly slapped in the face by a Manchester United fan at Old Trafford.

Grace Davidson (centre) who received a womb in the UK's first womb transplant has given birth to a baby girl

Elsewhere, the Financial Times says President Donald Trump's threat to hike duties on Chinese imports is an escalation of a trade war that's triggered mounting fears of a recession.

For the Daily Telegraph it quotes Trump, in its headline, "Don't Be A Panican". The president says the term refers to "a new party based on weak and stupid people" - as the paper reports that it's an apparent reference to Republicans panicking about the US economy.

In the Times it says there's a split in the White House between those who see the measures as a part of a long-term re-orientation of the US economy, and others who want them to be a negotiating tool, for cutting trade deals.

The Daily Star recalls the Liz Truss mini-budget by mocking up Trump as a lettuce, on its front page.

Finally, the main editorial in the Guardian says the new economic era will require 'strategic boldness' from a habitually cautious prime minister.

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