Stock markets fall after US tariffs spark trade war fears

Stock markets in the US, Asia and the UK dip after Trump tariffs kicked in and spark retaliation.

British Broadcasting CorporationWatch LiveHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingAudioPodcastsRadioAudio FAQsVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveWeatherNewslettersStock markets fall after US tariffs spark trade war fears2 hours agoShareSaveJennifer MeierhansBusiness reporter, BBC NewsShareSaveGetty ImagesStock markets around the world fell following the introduction of tariffs by President Donald Trump on goods entering the US from China, Canada and Mexico.

Trump has imposed 25% tariffs on imports from Canada and Mexico, and 20% tariffs against China.

Canada and China announced their own import taxes on US goods, while Mexico said it had "contingency plans", sparking fears of full-blown trade war.

The three major stock market indexes in the US sank following the news, while the FTSE 100 index of the UK's biggest publicly-listed companies opened lower on Tuesday and stock markets in Asia were also down.

Analysts have warned tariffs could push up prices for US households and could also have a knock-on effect on consumers across the world, including in the UK.

https://www.bbc.com/news/articles/ckg1jxdpq0qo

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