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The Independent UK
The Independent UK
Business
Anna Wise

FTSE 100 hits seven-week low as markets rocked by ‘erratic’ US trade policy

Donald Trump United States Persimmon
Global stock markets have felt another day of turmoil with London’s FTSE 100 losing more than 100 points on Tuesday (Kirsty O’Connor/PA) - (PA Archive)

Global stock markets have felt another day of turmoil with London’s FTSE 100 losing more than 100 points on Tuesday, as Donald Trump announced plans to double planned tariffs on Canadian steel and aluminium.

The blue-chip index fell 104.23 points, or 1.21%, to close at 8,495.99, hitting the lowest level since mid-January.

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