FTSE 100: Stocks plunge at open as markets tremble in fear over Trump trade war

By GB News (Politics) | Created at 2025-03-31 08:12:02 | Updated at 2025-04-03 00:43:42 2 days ago

The FTSE 100 plunged at open today following concerns about Donald Trump's tariff plans.

It comes as the President's deadline for imposing wide-ranging duties for the biggest importers from the US looms on April 2, which Trump has described as "Liberation Day."

European and Asian markets also dipped ahead of the deadline later this week.

President Trump is planning for reciprocal tariffs on more US trading partners, while a 25 per cent levy on foreign-made cars is also set to take effect on Thursday.

$\u200bTrump has described April 2 as 'Liberation Day'$