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UK and European stock markets tumble amid ‘Trump tariff tantrum’

US president has rattled investors by targeting China, Canada and Mexico, triggering fears of a trade war

Trump tariffs live – latest updates

Stock markets in the UK and Europe have suffered heavy falls after Donald Trump announced a number of tariffs, prompting fears of a global trade war.

The US president rattled investors by signing off on tariffs on China, Canada and Mexico over the weekend, triggering what was quickly described as a “Trump tariff tantrum”.

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