US Edition
European shares plunge to 16-month low as China retaliates to Trump tariffs
- European stock markets dropped significantly on April 7, with Germany's DAX falling 6.5% and the pan-European STOXX 600 slumping 5.8% as tensions over tariffs continued.
- China announced a 34% tariff on all imports from the United States, beginning April 10, in retaliation to the U.S. tariffs.
- Analysts warn that the stock market will remain unstable due to unclear tariff responses, as noted by equities strategist Maki Sawada of Nomura Securities.
- Global economic experts indicate a high probability of recession, with JPMorgan stating a 60% chance in the U.S. and worldwide, amidst uncertainty over tariff impacts.
180 Articles
180 Articles
The US under Trump is not the first country to try to strengthen its own economy with tariffs. This has never worked so far. The NZZ chief economist Peter Fischer explains why the stock markets are falling so low and how individual investors should react.
Stock market crashes often come out of nowhere. This came from Trump, with an announcement. And in New York many believe it's not over for a long time. A crisis meeting with the head of the world's largest asset manager.
The largest Danish stocks have taken a serious hit in recent days and weeks in connection with the introduction of tariffs on goods imported into the United States. But on Tuesday things brightened for the Danish C25 stock index, the...
“It is very likely that this type of tariffs will then have global consequences; that is, one could expect even a global recession for everything that is being done from the United States, in an effort to maintain its economic leadership in the face of an emerging bloc that is clearly demonstrating its potential,” the Bolivian president warned, rejecting US measures at a press conference from Palacio Quemado in La Paz. READ ALSO: Trump Arce’s ta…
The largest European stock markets ended today's trading with a drop of more than four percent, after another turbulent day caused by American tariffs.
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