US stock markets drop sharply

LONG The White House has urged investors to trust in Donald Trump as Wall Street continues a global sell-off in response to his tariff announcement. The Dow Jones index is down more than three percent, the dollar has fallen and oil prices have slipped. Shares prices in Europe and Asia closed sharply down. As government officials consider what to do next, we speak to a former US secretary of commerce and an American businessman. Also in the programme: a BBC team reports from Mandalay, close to the centre of the Burmese earthquake zone; and the UK is to host the women’s football World Cup in 2035(Photo: Traders work on the floor of the New York Stock Exchange in New York Credit: JUSTIN LANE/EPA-EFE/REX/Shutterstock)