European Stock Markets Plunge as Trump's Trade War Escalates - teleSUR English

European stock markets closed down about 5% on Friday after China imposed retaliatory tariffs on the US. Oil prices also went crazy after the wave of reciprocal tariffs imposed around the world. The article Disaster after Trump's trade war: Losses of almost 5 trillion dollars on the stock market first appeared on Romania TV.

The perfect storm triggered by Trump's tariffs, imposed globally and, apparently, without criteria, caused the collapse of Piazza Affari...

European Stock Markets Plunge as Trump's Trade War Escalates - teleSUR English

Over the last two days, European, Asian, and American stock markets have experienced sharp losses. On Friday, European stock markets and the price of Brent crude oil plummeted after China announced its response to U.S. President Donald Trump’s trade war. RELATED: Keys to Trump’s Trade War: Deadlines, Products, and Affected Countries Hours after opening, the main European markets were posting significant losses, led by Milan, which plunged 7.35%,…

In the eye of the storm are banks, luxury goods groups, car manufacturers and pharmaceutical companies

The shock wave caused by Donald Trump's announcement of massive tariffs for U.S. trading partners continued to spread across the globe on Friday.

Europe stocks burn 422 bn euros with US tariffs

European stock markets burned over 422 billion euros in the first session after the announcement of new US tariffs by President Donald Trump Thursday. (ANSA). (ANSA)