FTSE falls as Trump imposes tariffs on China

Finance

The FTSE 100 slumped below 7,000 points were hit on Thursday after President Donald Trump imposed tariffs on China, increasing fears of a global trade war.

The blue-chip index closed down 1.2%, at 6,952.59, having hit a low of 6,914.45 during Thursday’s session, its lowest since December 2016.

The FTSE 250 ended down 1.4% at 19,393.89, and the AIM All-Share closed down 1% at 1,026.89.

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