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https://i.guim.co.uk/img/media/bcf159591b08508c7382bf3dbcaebf1570746aa8/0_100_5500_3300/master/5500.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&overlay-align=bottom,left&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctZGVmYXVsdC5wbmc&s=a2ad8410583e33c3d2f26018a9434959European futures also down more than 3% after Trump indicates tariffs will ‘definitely happen’ in EU countries