Gold hits record high as Trump threatens new steel and aluminium tariffs; BP shares jump after activist Elliott takes stake – business live

US president says 25% tariffs on steel and aluminium imports to be introduced this week as Chinese tariffs come into effectTrump to announce 25% aluminum and steel tariffs as China’s levies against US come into effectEuropean stock markets have opened fairly calmly, despite the latest tariff threat lobbed by Donald Trump from Air Force One yesterday.In London…
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