Headline

UK Stock Markets Plunge In Biggest Daily Fall Amid Trump Tariff

Published

9 months ago

April 4, 2025

Major UK firms bore the brunt, with Rolls-Royce shedding over 10% and miners like Antofagasta, Glencore, Fresnillo, and Anglo American down more than 8%. Banks also slid, with Barclays and NatWest both falling around 8%.

Markets across Europe and Asia also slumped for a second day. France’s CAC 40 dropped 0.92%, Germany’s DAX 0.74%, while Japan’s Nikkei 225 fell 4.3%. In the US, the S&P 500 and Nasdaq dropped over 4% and 5% respectively, wiping out £1.5 trillion in value.

Trump’s announcement of 10% tariffs on most US imports — and 25% on cars — has rattled investors.

“Trump has detonated the most aggressive trade shock the market has seen in decades,” said Stephen Innes of SPI Asset Management.

Olu Sonola of Fitch Ratings warned: “Many countries will likely end up in a recession.”

Despite market chaos, Trump remained bullish: “The markets are going to boom.” He also claimed UK Labour leader Sir Keir Starmer was “very happy” with the tariffs.

But Starmer responded: “Last night the President of the United States acted for his country, and that is his mandate. Today, I will act in Britain’s interests with mine.”

The UK government has set a May 1 deadline for public consultation on retaliatory tariffs and published a list of potential US goods to be targeted. Business Secretary Jonathan Reynolds said: “We do reserve the right to take any action we deem necessary if a deal is not secured.”

China has responded to the US move with 34% tariffs on American goods from April 10 and new export controls on rare-earth metals. Its Commerce Ministry said the goal is “to better safeguard national security and interests.”

The global sell-off reflects deepening fears of a full-blown trade war — and thousands of UK jobs, especially in the car industry, are believed to be at risk.

Related Topics:#UK Stock Markets UK Stock Markets

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U.S. Lawmaker Reacts To Nigeria, U.S. Airstrikes

Published

5 hours ago

December 26, 2025

Editor

United States Congressman, Riley Moore, has stated that President Donald Trump is determined to put an end to the killing of Christians in Nigeria, warning that further action may follow if the violence persists.

Moore made the statement on Friday via his official X handle.

According to the lawmaker, the strike represents the first step in addressing what he described as the ongoing slaughter of Christians and the broader security crisis affecting Nigerians across religious and ethnic lines.

“President Trump has been clear that the killing of Christians in Nigeria must end,” he said.

He that the administration’s resolve on the matter should not be underestimated.

“As I stated at the outset: Do not test President Trump‘s resolved in this matter.

“Tonight’s strike in coordination with the Nigerian government is just the first step to ending the slaughter of Christians and the security crisis affecting all Nigerians,” he said.

He stressed that the operation signals a stronger stance by the United States in support of Nigeria’s efforts to tackle terrorism and violent extremism, noting that further measures could be taken if the situation does not improve.

Headline

US Dept Of War Shares Video Of Air Strikes In Nigeria

Published

6 hours ago

December 26, 2025

Editor

A video footage of the US military air strikes in Nigeria has emerged.

The video was released by the US Department of War following its air strikes against terrorists in Sokoto.

Earlier, the US secretary of War, Pete Hegseth had confirmed that military air strikes hit terrorists in Nigerians, saying it was deadly.

Later on, the US. African Command, confirmed that it conducted the attacks described as very deadly by President Donald Trump.

Trump said he was only keeping the promise he made earlier last month to strike the terrorists he believes are killing innocent Christians.

Although described as powerful and deadly, the casualty caused by the attack is yet to be released.

Explaining further, security expert, Brant Philip, said the strikes may have been launched “from the USS Paul Ignatius, using a Tomahawk missile.”

The Nigerian government through its ministry of foreign affairs has also confirmed that the strikes were successful.

Watch video here

Headline

JUST IN: US Forces Bomb Terrorists Camps In Nigeria

Published

7 hours ago

December 26, 2025

Editor

United States President Donald Trump said US forces conducted deadly strikes against Islamic State terrorists in northwestern Nigeria, and vowed more attacks if the militants keep killing Christians.

“I have previously warned these Terrorists that if they did not stop the slaughtering of Christians, there would be hell to pay, and tonight, there was,” Trump posted on his Truth Social platform, adding that “the Department of War executed numerous perfect strikes.”

Trump stated that the Department of War “executed numerous perfect strikes, as only the United States is capable of doing. Under my leadership, our Country will not allow Radical Islamic Terrorism to prosper.”

The US president wished everyone Merry Christmas, “including the dead Terrorists, of which there will be many more if their slaughter of Christians continues.”

Details later.