FTSE 100 hits record high as Trump trade war fears ease

The FTSE 100 has surged to a new record high as investors welcome the announcement President Trump's planned trade war with China is "on hold".Chief among them, analysts said, was the US decision to postpone $150bn of threatened tariffs on Chinese imports amid apparent progress in negotiations between Washington and Beijing.While the announcement signalled greater appetite for risk on stock markets, Brent crude oil prices - which hit $80 a barrel for the first time in three-and-a-half years last