India, Feb. 3 -- U.K. stocks are down in negative territory Monday morning, in line with other major markets in Europe, amid concerns about the impact of the punitive tariffs by the Trump Administration on Mexico, Canada and China.
Trump warned that the European Union and UK could be next targets.
However, the downside in the UK market is slightly less pronounced compared to that of Germany and France, as Trump said that the UK might be able to dodge tariffs, despite being "out of line" in terms of trade.
The US President expressed optimism He expressed optimism about resolving the trade imbalance with Britain, stating, "I think that one can be worked out."
The benchmark FTSE 100 was down 112.31 points or 1.29% at 8,561.65 a little whil...