FTSE 100 Slides as EU Threatens $108bn Tariffs in Retaliation to Trump Trade Moves

FTSE 100 Drops as Trade Tensions Shake Global Markets

The FTSE 100 moved lower as fresh trade tensions hit global markets, after the European Union warned it could impose tariffs worth up to $108 billion on US goods. The warning came as a direct response to new trade moves announced by former US President Donald Trump, reopening fears of a broader trade conflict between major economies.