The US stock market dropped sharply after Donald Trump announced a raft of worldwide tariffs last night.
Big brands such as Nike, Apple and Amazon saw their share prices fall, but the White House told Wall Street to "trust in President Trump”.
In Canada, Prime Minister Mark Carney announced 25% tariffs on certain US vehicles.
The UK has drawn up a 400-page list of US products it could hit with tariffs which is a toughening up of Starmer’s stance, according to BBC’s Chief Political Correspondent, Henry Zeffman.
Trump announced 10% tariffs on most countries, including the UK, from Saturday, with higher rates on some of America’s biggest trading partners from 9 April.
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