{"id":121676,"title":"FTSE 100 Closes Higher Despite Renewed Tariff War Tensions","publisher":"Share Talk","author":"sharetalk","published":"2025-04-16T16:06:08+00:00","modified":"2025-04-16T16:06:08+00:00","canonical_url":"https://www.share-talk.com/ftse-100-closes-higher-despite-renewed-tariff-war-tensions/","markdown_url":"https://www.share-talk.com/ftse-100-closes-higher-despite-renewed-tariff-war-tensions.md","json_url":"https://www.share-talk.com/ftse-100-closes-higher-despite-renewed-tariff-war-tensions.json","category":"B2B","categories":["B2B","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["BANK","Barclays","china","Deutsche Bank","Donald Trump","financial markets","FTSE 100","London","NatWest","Rolls Royce","SHARES","tariffs","U.S. administration","U.S. dollar","UK","USA"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/04/FT-WED-16-APR.webp?fit=1200%2C800&quality=80&ssl=1","format":"news","language":"en-GB","content":"The FTSE 100 ended the day up 0.3%, despite a global market sell-off triggered by the latest escalation in Donald Trump’s trade war.\n\nLondon’s benchmark index spent much of the session in the red, even as official data revealed UK inflation slowed more than expected in March.\n\nOn Wall Street, the S&P 500 was down 1%, the Nasdaq fell 0.9%, and the Dow Jones dropped 0.3%.\n\nThe sell-off was largely driven by a sharp decline in chip stocks after Trump suggested tariffs could be imposed on semiconductors and chip-making equipment.\n\nFawad Razaqzada, an analyst at City Index, remarked: “This serves as a stark reminder that geopolitics and technology are closely linked, with markets still responding to Washington’s actions, regardless of the consequences.”\n\nHe added: “The unpredictability of U.S. trade policy continues to plague markets, with this month’s stop-start approach making long-term positioning a risky endeavour, while volatility remains the dominant theme.”\n\n**FTSE 100 Recovers from Early Losses, Led by Mining Stocks**\n\nThe FTSE 100 index has regained all of its early losses, recovering from a 0.8% drop this morning. The hardest-hit stock was distribution giant Bunzl, which fell 27% after revising its 2025 forecast. The company cited “operational challenges” within its largest North American business and flagged “significant uncertainties” related to tariffs, inflation, and economic growth.\n\nOn the upside, mining company Endeavour emerged as the top performer, rising by as much as 8% after investment firm BlackRock increased its stake to over 13%."}