Trump tariffs live updates: President announces 10% universal tariff
Trump tariffs live updates: President announces 10% universal tariff
www.bbc.co.uk
Major US stocks see biggest losses since 2020 after Trump's tariffs announcement
Wall Street suffers its worst day since 2020 but the White House tells investors to "trust in President Trump".
Ministers hope this announcement is a reasonable basis for carrying on with negotiations over a trade deal that could lead to them falling or being dropped entirely.