Donald Trump issued new tariffs to a host of nations at the start of this week and while stock markets haven’t reacted in undue fashion yet, the first big impact has now been seen with the price of copper shooting to record levels on threats of a 50 per cent tariff rate.
The FTSE 100 rose on Tuesday and has begun Wednesday is similar fashion, following a mixed overnight trading session in Asia. But within UK companies, housebuilders were hit with a £100m collective payment after an investigation by the Competition and Markets Authority (CMA).
