India, March 31 -- U.K. stocks are down firmly in negative territory on Monday, tracking weak global markets amid rising fears of a global trade war after the U.S. President Donald Trump said he will likely impose duties on "essentially all" of the U.S.'s trading partners.
British Prime Minister had said earlier that he had productive talks with Trump about securing exemptions from tariffs.
Shares of mining, financial companies and energy firms are among the major losers.
The benchmark FTSE 100 is down 113.32 points or 1.31% at 8,545.53 at noon.
IAG is down more than 6%. Glencore, Anglo American Plc, Entain, JD Sports Fashion, Rio Tinto, Schroders and Antofagasta are down 3 to 4%.
EasyJet, Weir Group, Barclays Group, Croda Internationa...