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Evening Standard

Business

Holly Williams

European markets set for heavy falls after Trump’s EU tariff warnings

Donald Trump Europe United States Kathleen Brooks Canada China Mexico United Kingdom Economy xtb

Stock markets across Europe are expected to suffer hefty falls following big overnight declines in Asia after US President Donald Trump unveiled a raft of tariffs, sparking fears of a global trade war (Yui Mok/PA) - (PA Archive)

Stock markets across Europe are expected to suffer hefty falls following big overnight declines in Asia after US President Donald Trump unveiled a raft of tariffs, sparking fears of a global trade war.

Experts are expecting stock indices to open sharply lower in Europe in volatile trading, with falls also forecast for Britain’s FTSE 100 Index, in response to warnings from Mr Trump over tariffs on imports from the European Union.

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