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The 25% tax on foreign-made vehicles entering the US would cause 'Armageddon' and 'pure chaos' for the sector, said Dan Ives at US broker Wedbush.

As panic tore through global markets amid warnings of an economic 'spiral of doom', sterling topped $1.32 for the first time since early October.

Mortgage rates could be set to fall in the aftermath of Donald Trump's trade tarriffs after sonia swap rates fell following the announcement.

Automotive magazine What Car? said these cars are being listed for 14 per cent below typical average used prices, presenting huge value for money to buyers.

Trump has announced tariffs on imports to the US from the UK - but what goods travel the other way, and what tariffs do we charge?

The end of the tax year is this Saturday and that means there's just days to sort your Isa or pension out before the deadline and save on tax.

The Derby-based vehicle seller plans to purchase up to £4 million of its shares at 1 pence each, equivalent to around 3.5 per cent of its share capital.

The consumer electronics retailer now anticipates its adjusted pre-tax profits for the 53 weeks ending 3 May to be approximately £160million.

Trump unveiled his 'reciprocal tariffs' to tackle a trade deficit, with the UK facing the lowest possible tariff of 10%, while the EU faces a 20% levy.

Sterling rallied against the US dollar on Thursday as markets weighed the implications of sweeping US import tariffs set to come into force next week.