UK and EU stock markets slump as Trump’s tariffs, including 104% on China, take effect – business live

Stock markets down from Australia to Japan and Taiwan as Trump presses ahead with huge retaliatory tariffs on ChinaFull report: Trump unleashes new wave of tariffsDispatch: The view from Yiwu, China’s biggest wholesale marketToday’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners. Continue reading...

Apr 9, 2025 - 00:30
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UK and EU stock markets slump as Trump’s tariffs, including 104% on China, take effect – business live

Stock markets down from Australia to Japan and Taiwan as Trump presses ahead with huge retaliatory tariffs on China

Today’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.

US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners. Continue reading...

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