- China has imposed retaliatory tariffs of 34% on all goods imported from the US.
- FTSE 100 down 3.9%
- DAX down 5.0%
- CAC down 4.2%
- S&P futures down 2.7%
Susannah Streeter, head of money and markets, Hargreaves Lansdown:
“Another jolt of fear has shot through markets, as China’s threat of retaliation has materialised. The big concern as that this a sign of a sharp escalation of the tariff war, which will have major implications for the global economy. The stock shock has shown up in...