Stock markets are tumbling around the world today as shocked investors react to the “Liberation Day” tariffs unveiled by President Trump at the White House last night.
In London the FTSE-100 index of leading British companies opened down 118.1 points, or 1.37% at 8,490.38 after it was confirmed that all UK goods exports to the US will be hit with a 10% levy, except steel, cars and cars parts which attract a 25% tariff.
