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FTSE suffers biggest daily drop since early in the pandemic as Wall Street slides again – business live

Global trade war escalates as Beijing hits back against Donald Trump with new tariffs on US goods

  • China retaliates to Trump’s ‘bullying practice’ with 34% tariffs on US imports
  • IMF warns of ‘significan…

36 days ago

Stock markets plunge as China announces retaliatory 34% tariffs on US goods – business live

Global trade war escalate as Beijing hits back against Donald Trump with new tariffs on US goods

  • IMF warns of ‘significant risk’ to global economy from Trump tariffs as markets slide
  • Global markets in …

Global shares keep plunging after US stocks' worst day since Covid: Body blow for Starmer as Trump says UK should be 'happy' with 10% tariffs and aides 'pour cold water on hopes of deal'

The FTSE 100 fell another 60 points this morning after the US president's trade war  sparked a global rout - wiping £2trillion off company values.

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