The announcement of tariffs by President Donald Trump on various countries, including a 25% tariff on Canada and Mexico, and a 10% tariff on Chinese goods, has instigated a sharp decline in stock markets across the UK and Europe. Investor confidence has been shaken, leading to significant losses in benchmark indices such as the FTSE 100 and Germany's DAX. Major car manufacturers in Europe experienced a drastic fall in their stock prices, reflecting the market's fears of escalating trade tensions and their potential economic ramifications.
The stock markets in the UK and Europe faced significant downturns following Donald Trump's tariff announcements, raising concerns over a potential global trade war.
Major European carmakers saw substantial drops in their stock prices, with companies like Volkswagen and BMW losing between 5% and 6%, reflecting investors' fears.
Collection
[
|
...
]