US-UK trade deal still stands, says Business Secretary

Danni Hewson, of AJ Bell, said: “Despite the huge amount of uncertainty over Donald Trump’s moving tariff target, London’s markets have dusted themselves off and the FTSE 100 flirted with another record close before stopping short.Donald Trump’s 10pc tariff rate coming into effect earlier today has made little change to UK stocks, AJ Bell said.“Net-net we still think the effective tariff rate will fall this year and that the world post-SCOTUS [Supreme Court of the United States] will see lower tariffs than ...