The FTSE 100 opened 22 points up this morning, despite threats of pharma and metals tariffs with stark implications for major stocks on the blue chip index. President Trump has said that an announcement is coming “very soon” on pharmaceutical tariffs – with a possible 200 per cent rate landing in “about a year”. Major FTSE 100 pharma stocks have stayed roughly steady at market open following the news overnight. Astrazeneca (AZ) stocks were down 0.37 per cent, while GSK was down 0.11 per cent. …
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