Investors warned not to panic-sell as Trump tariffs lead to sharp losses ...Middle East

Many investors have seen losses after the US Government announced a plan to introduce tariffs on many countries’ imports, which sent shares in companies around the world down.

People with money in stocks and shares ISAs or other investment accounts are being told that selling when stocks dip can be “one of the worst things” to do.

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“Ultimately, most of these are seeking reassurance, looking for context and a sympathetic ear. This is not the first, nor will it be the last time that markets suffer a temporary correction,” he said.

Andrew Prosser, head of investments at InvestEngine, said: “Markets inevitably go through rough patches – whether caused by geopolitical instability, extreme weather events or economic tariffs – but people who invest in a diversified portfolio need to remember it’s about long-term returns rather than quick wins.”

“Many are fully cognisant that these periods of volatility are the “price of admission” for attaining good returns over the medium to longer term and to protecting and growing capital in real terms.

“As always, we encourage clients to take a long-term view and often, times like these can provide good opportunities for those new clients or with cash earmarked for investment to take advantage of the volatility and that is something we encourage.”

“History shows that markets often experience sharp pullbacks and then bounce back. While we don’t know when a recovery will happen, staying invested throughout has often proved to be the best strategy.”

A 10 per cent baseline import tax on goods coming into America from around the world kicked in on Saturday morning, while a 25 per cent levy on foreign cars came into force on Thursday.

Many nations will face even higher levies in the coming days, including the EU, which will see tariffs imposed increase to 20 per cent later in the week.

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