Global markets have dropped for a second day, as US President Donald Trump’s raft of global tariffs continue to spark fears of a global downturn.
London’s FTSE 100 index fell on opening, along with the Cac 40 in Paris and Frankfurt’s Dax, following further decline in the Asian markets overnight.
Trump has said his tariffs rollout is going "very well" and the economy is going to “boom”, after US markets closed on Thursday with the biggest one-day loss since the pandemic hit in 2020.
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