European stock markets fall sharply on EU tariff salvo
Friday, 23 May 2025 () Stock markets across Europe dropped dramatically on Friday afternoon after Donald Trump announced plans to levy a 50 per cent tariff on all US imports from the European Union next month. The FTSE 100 dropped as much as 1.35 per cent after the US President mooted the move in a post on Truth social in [...]
President Trump has launched a full-scale trade war with the European Union, announcing a 50% tariff on EU imports starting June 1, 2025. Trump accused the EU of exploiting the U.S. through unfair trade practices, VAT schemes, and currency policies, blaming them for a $250 billion trade deficit. The...
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Credit: euronews (in English) Duration: 01:11Published
Special News Report! Even those who didn't have money in the stock market watched with jaws agape as the markets tumbled drastically, with no end in sight, since Trump's tariff..