HSBC and Barclays shares sink as trouble looms for FTSE 100 banks

The FTSE 100’s ‘Big Five’ banks were swallowed up by the red on Wednesday as the global trade war ramped up. China increased its tariff on US goods to 84 per cent – a move which followed President Donald Trump’s 50 per cent levy coming into effect today, which took China’s total import tax to [...]