Business news live: Trump sends 12 nations new tariff rates letters and Apple appeal €500m EU fine
Elsewhere, big US tech firms Apple and Amazon are in the headlines, the former with a record half a billion euros fine from the EU and the latter for asking some workers to volunteer their time across the busy Amazon Prime days period.
Stock markets have not reacted too dramatically to the latest tariff changes, though the FTSE 100 fell slightly on Monday and has opened flat on Tuesday. Chinese firm Shein, meanwhile, have filed to float in Hong Kong, seemingly as a way to pressure British regulators into letting them IPO on the London Stock Exchange without prospectus changes.
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