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Written by jackhutton 🇺🇸 on 2025-02-03 at 14:37

[FT]: Tariffs latest: S&P 500 slides 1.7% at open in New York

President Donald Trump's tariffs on Canada, Mexico and China:

• US dollar index rises 0.8% and European stocks drop

• Asian markets fall with Taiwan, South Korea and Japan among worst performers

• Trump said he would 'definitely' hit EU with tariffs and UK

'might' face penalties

• Nearly $600bn has been wiped off global crypto markets since Saturday

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