Trump announced 50% tariffs on goods from the EU: markets reacted with a decline.
This announcement provoked a sharp reaction in the financial markets. Futures for the Dow Jones and S&P 500 indices fell by 1.5%, while Nasdaq dropped by 1.8%. Apple shares decreased by 3.5% in pre-market trading. The European STOXX 600 index lost 1.8%, and the German DAX declined by 2.7%.
Experts warn that such measures may lead to an escalation of trade tensions between the US and the EU, which could negatively impact the global economy. The EU is considering the possibility of imposing retaliatory tariffs on American goods, including agricultural products and automobiles.
For the cryptocurrency market, such events may indicate increased volatility. The deterioration of trade relations between the US and the EU intensifies instability in the markets. Investors should closely monitor the development of the situation and assess risks in their investment strategies.