Trump threatens ‘more powerful and obnoxious’ tariffs, amid confusion in UK and EU; Wall Street drops – as it happened

Markets slide after EU halts ratification of US trade deal, as businesses prepare for new 15% global tariff to start tomorrow

• Stock markets stumble as global trade faces more Trump tariff uncertainty

• Trump threatens obnoxious' tariffs as UK and EU seek clarity on trade deals

The London stock market has dipped slightly in early trading.

The FTSE 100 index is down 19 points, or 0.18%, at 10,668 points.