Global trade war panic as Trump targets 'atrocious' EU: Markets tumble after president widens attack from Mexico, Canada and China - and says 'out of line' UK might be next if he can't do a deal with Starmer
Markets plunged today after Donald Trump widened his trade war from Mexico, Canada and China. The US president fuelled fears of a global trade war as he confirmed he will be imposing levies on the 'atrocious' EU. Stocks around the world have been diving on the intensifying action, with the FTSE 100 down over 100 points in early trading. Shares in Germany, France and Asia have been hit even harder.
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