European Stocks Fall Amid Trump Tariff Threats

European stocks are expected to open lower due to trade threats from President Trump. The Canadian dollar recovered after Trump proposed a 35% tariff on Canadian goods. Canadian Prime Minister Mark Carney vowed to defend workers and businesses. Trump discussed tariffs and sending Patriot missiles to NATO for Ukraine. He also mentioned possible blanket tariffs of 15-20% on most trading partners. Trump will make a major statement on Russia on Monday. Asian stocks were mixed, with Chinese markets rallying. U.S. stock futures dipped, the dollar gained, and gold held firm. Oil prices recovered after a drop. U.S. stocks rose on corporate earnings and jobless claims data. European stocks rose for the fourth day on Thursday.

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