Stock markets in the US have ended their worst week since 2020, as Donald Trump’s sweeping tariffs continue to cause turmoil in global markets
All three main indexes on Wall Street dropped by more than 5%,
The UK’s main share index – FTSE 100 – has its biggest one-day fall since the pandemic five years ago
Trump has again insisted that taxes on goods entering the US will “supercharge” the American economy
Some of the tariffs come into force on Saturday – with a “baseline” 10% charge hitting the UK and many other nations
Higher custom tariffs on roughly 60 of what the White House has called the “worst offenders” are due to come into effect on 9 April
Source: BBC
