FTSE and European counterparts fall in value as US tariffs hit car stocks

The FTSE 100 was lower as European markets were impacted by US car tariff plans (PA) - (PA Archive)

European equity markets finished in the red on Thursday as motor stocks were dragged by US President Donald Trump’s decision to slap a 25% import tax on cars.

London’s stock markets were relatively sheltered from the announcement, although Aston Martin dropped by 6.7% as its investors swallowed the potential impact on US sales.