How global markets including the FTSE tumbled over fears of a trade war after Donald Trump imposed huge tariffs on Canada, Mexico and China

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How global markets including the FTSE tumbled over fears of a trade war after Donald Trump imposed huge tariffs on Canada, Mexico and China

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Global markets tumbled yesterday over fears of a trade war after Donald Trump imposed huge tariffs on Mexico, Canada and China. But the pound rallied against the euro – driven by hopes that while the European Union may be next in Mr Trump's sights, Brexit Britain could be spared. It followed the US president saying the EU's behaviour was an 'atrocity' and that while the UK was 'out of line.
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