Global stocks slide as Trump tariffs hit markets

Global stock markets fell on Thursday as investors reacted to US President Donald Trump's sweeping announcements on tariffs.

The UK's FTSE 100 share index fell 1.5% and other European markets were also lower, echoing falls seen earlier in Asia.

While stocks fell, the price of gold, which is seen as a safer asset in times of turbulence, touched a record high.

Traders are concerned about the global economic impact of Trump's tariffs, which they fear could stoke inflation and stall growth.