From Nasdaq.: 2025-03-27 14:00:00

European stocks closed lower on Thursday after President Trump confirmed 25% tariffs on autos and auto components imported into the U.S. The EU expressed regret over the move and vowed to seek negotiated solutions to safeguard its economic interests. The UK has no plans for retaliation in US-UK trade talks. Auto and tech stocks were under pressure, with major UK losers including Antofagasta, M&G, and Taylor Wimpey. Next and Marks & Spencer saw gains. In Germany, Heidelberg Materials and Siemens Energy tumbled, while Zalando rallied. UK car production declined for the twelfth consecutive month in February.



Read more at Nasdaq.: Trump’s Tariffs On Auto Imports Hurt European Stocks