European Shares Set To Fall As Trump Imposes Sweeping New Tariffs
From Nasdaq: 2025-04-03 01:38:00
European stocks are expected to open lower after Trump imposes 20 percent tariffs on European goods. Sweden and Ireland express regret over the additional tariffs. Asian stocks fall, U.S. futures drop on fears of a global trade war. China threatens countermeasures if tariffs aren’t canceled. U.S. Treasury Secretary warns against retaliation. U.S. economy shows strength with rising employment and manufacturing orders. U.S. stocks end higher before tariff announcement. Nasdaq, S&P 500, and Dow all post gains. European stocks close lower on tariff concerns. German DAX, French CAC 40, and UK’s FTSE 100 all decline.
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