London’s blue chip share index has tumbled lower following heavy falls in Asia after US President Donald Trump confirmed sweeping import levies on the UK and countries across the world. The FTSE 100 Index dropped sharply on opening, falling 122.4 points or 1.4% in the first few minutes of trading. #donaldtrump #us #tariffs #liberationday
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00:00Hello, I'm Greg Wright of the Yorkshire Post.
00:04London's blue-chip share index has tumbled lower, falling heavy falls in Asia after US
00:10President Donald Trump confirmed sweeping tariffs on the UK and countries across the
00:15world.
00:17The FTSE 100 index dropped sharply on opening, falling 122.4 points, or 1.4% in the first
00:24few minutes of trading.
00:27Countries across Asia endured punishing declines overnight, with the Nikkei in Japan down nearly
00:323%, and China's Hang Seng 1.5% lower, after Mr Trump's self-declared Liberation Day saw
00:40him announce hefty tariffs on imports into the US, including a 10% penalty for UK goods.