London open: Stocks slide as profit warnings, US-China tensions weigh

London stocks fell in early trade on Tuesday as escalating tensions between the US and China and profit warnings soured sentiment. The FTSE 100 was down 0.9% to 7,560.48, while the pound was 0.3% lower against the dollar at 1.3206 and 0.1% firmer versus the euro at 1.1409. On Monday, US President Donald Trump instructed his country's trade representative to identify a new $200bn-worth of goods on which to levy 10% tariffs. He also called for a separate list to be prepared detailing a further ...

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