Investors are braced for another day of turmoil on the UK and European markets after heavy falls in Asia following US President Donald Trump’s move to unveil sweeping trade tariffs across the globe.
The Nikkei in Japan tumbled 3% and China’s Hang Seng was around 1.5% lower after Mr Trump’s self-declared “liberation day” saw him announce hefty tariffs on imports into the US, including a 10% penalty for UK goods.
