Trump's Tariff Tremors: Impact on British Automotive Stocks

British stocks fell sharply following U.S. President Donald Trump's announcement of new tariffs on foreign vehicles, with Aston Martin hitting an all-time low. While the FTSE 100 and 250 indexes dropped, Britain's auto industry faced further strain amidst wider global economic worries.

In a marked downturn, British stocks fell on Thursday after U.S. President Donald Trump announced a 25 percent tariff on all foreign-made vehicles and auto parts.

The announcement sent shockwaves through the market, causing the luxury carmaker Aston Martin's shares to plummet to a historic low.

Finance Minister Rachel Reeves is striving to negotiate an exemption from the tariffs, as Britain's vehicle output continues to face challenges in a fluctuating global economy.

(With inputs from agencies.)