Barclays Shares Drop 4% Following Trump’s 10% Credit Card Rate Cap Proposal
Barclays Shares fell sharply by around 4% on January 12, 2026, as global markets reacted to a surprise policy proposal from U.S. President Donald Trump calling for a 10% cap on credit card interest rates. The announcement sent shockwaves through banking stocks worldwide and raised concerns among investors about potential impacts on banks’ revenue and…