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Evening Standard
Evening Standard
Business
Jonathan Prynn

London's FTSE 100 slumps again as China retaliates against Trump's tariffs

Stock Market China Donald Trump United States Recession
A trader reacts as other traders work on the options trading floor at the Cboe Global Markets in Chicago - (AP)

Fear returned to the London stock market today after Donald Trump’s brutal new “Liberation Day” tariffs came into force and China responded with new retaliation.

The FTSE 100 plunged again in fevered trading, down 231.05 points, or 2.92%, at 7,679.48 by the close largely wiping out yesterday’s relief rally respite.

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