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Al Jazeera
Al Jazeera
Business

Europe’s stock markets drop amid Trump’s tariff threats against EU, Mexico

European Union Donald Trump Europe Mexico United States
Traders work in front of a board displaying the value of Germany's share index DAX at the stock exchange in Frankfurt am Main in western Germany on April 7, 2025 [Daniel Roland/AFP]

Europe’s stock markets have dropped sharply as investors weigh United States President Donald Trump’s latest tariff threats against the European Union and Mexico.

Major European indices suffered heavy losses on Monday as EU ministers were set to discuss their response to Trump’s plans to impose a 30 percent tariff on the bloc’s goods from August 1.

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