India, April 23 -- The U.K. stock market remains firmly place in positive territory on Wednesday after a bright start as U.S. President Donald Trump has toned down his rhetoric on Jerome Powell, and also admitted that the 145% tariffs on China are "very high."
Trump said he would like to see Powell to be a little more active in terms of his idea to lower interest rates, and that he has no intention to fire him.
On the tariff front, the U.S. President said tariffs on China will come down substantially.
The benchmark FTSE 100, which climbed to 8,468.11 earlier, was down 104.03 points or 1.25% at 8,432.63 about half an hour past noon.
Croda International is surging nearly 10%. Standard Chartered, Antofagasta, Anglo American Plc., Glencore,...