FTSE 100 closes positively, just, but miners weigh
- FTSE 100 closes higher - just
- London listed miners struggle on trade worries
- Trump vs China tariff war escalates
FTSE 100 closed in the black but only just, having spent most of the day in the red.
Traders are jittery to say the least about the intensifying trade dispute between the US and China.
The blue-chip benchmark closed up around three points at 7,034, with the big cap miners lagging.
The FTSE 250 was firmly in the red though, down 133 points at 19,264.
"China retaliated to the US decision to introduce a 25% tariff on $50 billion worth of Chinese imports by blacklisting over 100 US products worth the same amount including soybeans, chemicals and US cars," said Fiona Cincotta, analyst at City Index.
"Interestingly, both sides left the starting day open. China's finance ministry which made the announcement did not mention when the tariffs will take effect. US companies can oppose the decision until 25 May."
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