UK shares rose on Thursday in broad-based gains after U.S. President Donald Trump announced an immediate 90-day pause on many tariffs, bringing relief to investors following the recent global market rout.

The FTSE 100 (^FTSE) and European markets were volatile on Friday and US stocks opened lower, after a tumultuous week of mixed messages on tariffs from US president Donald Trump. The moves came as China's president Xi Jinping called on EU leaders to join the country in standing up to Trump's erratic policies on import taxes.

The UK’s FTSE 100 has surged higher as a relief rally washed over global stock markets, after Donald Trump announced a 90-day tariff pause for most countries. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.