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    Trump tariffs live: FTSE plummets to one-year low minutes after opening amid global stock market chaos
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    Trump tariffs live: FTSE plummets to one-year low minutes after opening amid global stock market chaos


    Trump tariffs live: FTSE plummets to one-year low minutes after opening amid global stock market chaos

    https://www.independent.co.uk/news/business/trump-tariffs-ftse-100-live-share-price-eu-us-reaction-latest-b2728611.html

    Posted by GeoWa

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    28 Comments

    1. [deleted] on

      Careful, mods removed both of my HEADLINE POSTS this morning about the FTSE crash as “having no UK relevance”, one after the other from the beeb, and then Sky. I initially thought maybe they don’t understand what the FTSE100 is and that it’s a UK market.

      These people are either very stupid, or actively working for the US’s interests.

      Meanwhile a meltdown greater than that of Truss by multiple trillions, greater than the 2010 banking crisis, and it’s “not of UK relevance”. Good luck with your pensions.

    2. EvilTaffyapple on

      I’m going to be really fucking pissed if my company has to start making redundancies because of that orange cunt in the White House.

      I was fine with him shitting up America because I’m a firm believer of “you get what you wished for”, but when his fucking ridiculous actions spill over to the real world, we have a problem.

    3. Fightingdragonswithu on

      “Why do you care about the American election? It doesn’t affect you”

      Edit: Grammar

    4. Satanistfronthug on

      Terrible news for anyone looking to retire soon. I only had £3k in my S&S ISA and I’m down about £500 over the last month.

    5. Agreeable_Falcon1044 on

      It’s scary the only good news is that he’s not serious about plunging us into a Great Depression and is using it as a way to enrich his mates in the short term or as a negotiation tool to bully his allies later.

      Still good news for Russia…another policy entirely designed to favour them!

    6. JayR_97 on

      I really hate how timid Starmer is being with the Trump tariffs mess. By not hitting back it’s just telling Trump we’re okay with the tariffs

    7. Adam-West on

      All that fuss over unelected officials in the EU controlling our lives but then this twat in make up destroys our economy. Can we have a referendum on leaving trump?

    8. Artistic-Blueberry12 on

      I feel so disheartened that many leaders are having to give up and appease that cunt.

      I feel like we just lost a war.

    9. DAZBCN on

      To have one idiot disrupt the planet is one thing to have other idiots joining them. It’s just wrong. This guy needs to be taken down and out of power.

    10. RandyChavage on

      This is Trump’s Liz Truss moment, but instead of her being removed by parliament we will have to watch Republicans in the senate back up this lunacy and gaslight the world until global recession is upon us.

    11. J8YDG9RTT8N2TG74YS7A on

      [Then Vs Now](https://streamable.com/3u6db2).

      How Republicans flip flopped on the stock market the moment it was bad for them.

      > “The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.”

      ― George Orwell, 1984

    12. revpidgeon on

      Amazing that 1% of the population of Earth votes in an idiot who crashes the economies of the other 99%

    13. starconn on

      I’m looking forward to the US markets open – all indications are they’re going to get hammered more than this.

      We have one advantage in this, and that’s the rest of the world isn’t doing this. 85% of the world economy (PPP terms – the measure that matters) is NOT engaging in a tariff war with each other.

      This means opportunity for other nations to prioritise trade agreements with each other. And there’s a lot of growth happening in that 85%.

      America has essentially locked itself out of the global economy just as those middle income economies are starting to transition to consumers. The rest of us, besides the short term pain, have opportunity here.

      As long as the US is losing more than the rest of the world, there’s hope that the republicans will be wiped out in the midterms. So with any luck, we have 20 months of this max.

      It’s going to suck, but I’m hopeful this might be the beginning of the end for the nationalist MAGA BS.

    15. Anubis1958 on

      The one time I want to see what my investment portfolio is, and my password no longer works. What does this tell me?

    16. SpiritOfTheVoid on

      Will the UK still suck up to Agent Krasnov, rolling out the red carpet to a state visit all for a ‘trade deal’ that trump will break on a whim?

    17. ash_ninetyone on

      When our Prime Minister, in one single act of economic stupidity, tanked the UK stock market overnight, she was gone 50 days later.

      Trump has done this worldwide.

    18. LauraPhilps7654 on

      I could forgive America for electing Trump once—democracy is imperfect, and electorates make mistakes. But choosing him again, after living through his first presidency, is unforgivable. It reveals something deeply and fundamentally broken in the American political system: a willingness to harm both their own country and global allies, with no clear benefit in return.

    19. Fraggle_ninja on

      I just in awe that this was predicted and that an old man with bad business practises and possible dementia was allowed to even run for presidency. Is this what the Americans call their constitution that everyone can be special and run despite it not being in the greater goods interest? 

    20. Hollywood-is-DOA on

      I’ve said for the last year that the plan is to tank the stock market, the pension market and eventually the housing market.

      This benefits the super rich as they can buy on the dip for cheap and short the market to make billions. The digital only money and debt forgiveness plans aren’t that far off tbh.

      People don’t see it and will down vote me to hell but how can’t you see another Great Depression? I’ll get a load of nothingness to why it can’t happen again but ask the 1980s if the stock marked can’t crash?

    21. PatBenatari on

      Admit the UK made a huge mistake.

      rejoin the EU

      build a big EU military

      tax the rich at every step.

    22. iwantfoodpleasee on

      If this was any other president they would’ve been impeached but this orange twat is affect us here.

    23. fcfcfcfcfcfcfc on

      1) Trump is an idiot

      2) Stock markets are made up nonsense

      3) won’t somebody PLEASE think of the billionaires

    24. Plugged_in_Baby on

      It’s painful (my investments have completely tanked, lost all profits from the last 4 years and will probably go into the red later today when the US market opens), but if this is the lesson the world needs to learn about overexposure to unstable democracies then so be it. I’m okay paying for the learning. The world economy will rebalance, and there is enough positive development emerging from Europe and even here that I think we’ll be okay in the long run.

      As for the US, they’re fucked and I’m entirely okay with it.

    26. dalehitchy on

      The brexiters / reform voters who cheer trump on will love this. Bare in mind these are the people that call themselves patriots.

      Labour should be shouting that we are heading to a recession because of farages support for the US and trump. He needs to hit home that farage supported Trump despite knowing that he would put Tariffs on us.

    27. Shawn_The_Sheep777 on

      Some of his mates will have got even richer on the back of all this while ordinary people suffer. It’s disgusting and he’s unfit for office.

    28. beachyfeet on

      This is exactly what his handlers wanted to happen. Very rich people always get richer when the stock market crashes. Let’s see who benefits from this in the end