World markets and US dollar suffer worst monthly losses since 2022 as Trump trade war riles investors – business live

News Snapshot:

07.32 BST Introduction: World markets on track for biggest monthly loss since 2022 Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Donald Trump’s trade war is alarming the global markets, sending shares sliding in their worst month in over two years. Stock markets across the Asia-Pacific region are in retreat this morning, as investors fear Trump will announce swingeing new tariffs on Wednesday, which has been dubbed “Liberation Day” by the US president. Japan’s Nikkei has lost 3.9%, down 1,457 points at 35,662 points today, while South Korea’s KOSPI is down...