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FTSE 100 falls 11% on tariff fallout
The FTSE 100 has fallen over 5% so far today, as fears over the implications of Trump’s tariff regime continue to weigh on the stock market.
The index has lost slightly under 11% since close last Tuesday, the day before the new tariffs were announced.
“Growth forecasts had already been slashed in half this year, and the tariff storm is set to weigh heavily on the UK economy,” says Susannah Streeter, head of money and markets, Hargreaves Lansdown.
Good morning, and welcome to our global trade live blog
The stock market rout continues in the wake of a tariff regime that goes much further than many observers had expected Donald Trump would dare to do. The tariffs announced last week have the potential to completely upend the established patterns of global trade.
Follow our blog for live updates and analysis, as well as expert opinions on how to protect your money from the disruption.
