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UK News
Some UK exporters to the US see a chance to grow their firms, even as others fear a drop in sales.
The FTSE 100 drops almost 5%, while the S&P 500 in the US falls roughly 4%.
Changes in the FTSE 100 and other indexes are not just for financial experts, they can affect our lives.
The brands are warning of the impact of employer National Insurance Contribution rises which kick in on Sunday.
Eli Lilly's boss tells the BBC he is doubtful tariffs will bring jobs to the US or raise billions in taxes.