Markets reacted on Tuesday to news that US President Donald Trump signaled a possible delay to auto tariffs, adding to market relief after suspending levies on some consumer tech. Still, he insisted that duties would soon cover phones,

The UK, US, Europe and China rely heavily on Taiwan for semiconductors. The Taiwan Semiconductor Manufacturing Company (TSMC) provides over half of the world's supply, including for AMD, Apple, ARM, Broadcom, Marvell, MediaTek and Nvidia.