Trump's new tariffs spark global market drops, including a 1% fall in London's FTSE 100.

On Monday, the FTSE 100 in London fell by over 1%, reacting to US President Trump's announcement of new tariffs on imports from Europe, Canada, and Mexico. This led to declines in global markets, with Asian markets like Hong Kong and Japan also suffering. Trump's tariffs have sparked fears of a global trade war, causing concerns about inflation and slower economic growth. The pound weakened against the US dollar, and major European indexes like the DAX and CAC 40 also experienced declines.

2 months ago
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