Investors braced for a potential trade war after Trump imposed tariffs on goods from Canada, Mexico and China and pledged future tariffs on the European Union.

European markets set for heavy falls after Trump’s EU tariff warnings - It follows a wave of weekend tariffs announced by the US president for Mexico, Canada and China.

London’s FTSE 100 Index fell sharply as the US president claimed the UK is ‘out of line’, but suggested a deal is possible with Britain.

The US dollar is approaching parity with the euro and reaching a record high against the Canadian dollar and a three-year high against the Mexican peso. Exporting companies are feeling the pressure al

Stock markets in Asia and Europe slumped Monday after Donald Trump slapped tariffs on Canada, Mexico and China, sparking fears over another bruising ‘America First’ trade war that could hit global economic growth.

Global shares are mostly declining as worries grow about President Donald Trump imposing tariffs on key U.S. trading partners. Benchmarks fell in early Monday trading in France, Germany and Britain.

The Ibex 35 joins the drop of the rest of European stock exchanges, opening in the red for almost all its companies except for energy companies. European stock exchanges have started this Monday session in the red: the Ibex 35 has fallen by 2.