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Overnight, Trump lashed out at Starmer
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for the government's Chaos Island deal,
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and the Footsie 100 has already fallen
0:07
by 1% this morning. All sorts of Footsie
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100 stocks are way down this morning.
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The biggest faller that is Ashstead.
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They are an industrial equipment rental
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firm. They're down more than 3%. That is
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because they are highly exposed to the
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US market. That is 85% of their revenue.
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Elsewhere, Astroenica is in trouble too,
0:29
down 2.7%. They had been very much
0:32
hoping there would be a full
0:34
pharmaceutical carve out for tariffs. It
0:36
looks like they might not be in luck and
0:39
they're going to be scrambling to get a
0:41
deal across the line. Mond too down more
0:43
than 2 and a half% this morning. That is
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because they are heavily rellyant on all
0:48
sorts of international supply chains
0:50
including with the US. It's worth
0:52
pointing out that this is not quite the
0:55
meltdown yet that it was after the
0:57
liberation day announcements in April
1:00
last year. There were certain points
1:02
then where every single Footsie 100
1:04
company was in the red at the same time.
1:07
But it does go to show that Trump's
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geopolitical strategy and the
1:12
unpredictability of his actions has
1:15
serious implications for UK listed
