Trump's tariffs U-turn: FTSE 100 soars in early trading on Thursday

Yorkshire Post

The UK’s FTSE 100 has soared by more than 6% after stock markets opened in London. The sharp gains come after US President Donald Trump announced he would be pausing tariffs on most countries, excluding China, for 90 days. #DonaldTrump #tariffs

Transcript

00:00Hello, I'm Greg Wright of the Yorkshire Post.

00:04The FTSE 100 index has soared by more than 6% after stock markets opened in London.

00:11The index was gaining about 475 points in early trading on Thursday

00:16and followed a significant rally for markets in the US and Asia.

00:22The sharp gains came after the US President Donald Trump announced he would be pausing tariffs on most countries,

00:28excluding China, for 90 days.

00:32My name is Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post.

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