FTSE finishes in the red as Trump threatens EU with 50% tariff, 23 May 2025 17:14

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London’s blue chip index closed down again on Friday as Trump threatened a 50% tariff on the EU, accusing the bloc of being ‘difficult’, but noted that his deal with the UK is progressing well.

Also, Trump wrote on his Truth Social platform: ‘Our negotiated deal with the UK is working out well…I strongly recommend to them, however, that in order to get their Energy Costs down, they stop with the costly and unsightly windmills, and incentivize modernized drilling in the North Sea, where large amounts of oil lay waiting to be taken…UK’s Energy Costs would go WAY DOWN, and fast!’

The FTSE 100 index closed down 21.29 points, 0.2%, at 8,717.97. The FTSE 250 ended down 90.94 points, 0.4%, at 20,708.72, and the AIM All-Share closed down 0.70 points, 0.1%, at 736.04.

The Cboe UK 100 ended down 0.3% at 867.21, the Cboe UK 250 closed down 0.5% at 18,191.26, and the Cboe Small Companies ended up 0.2% at…

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