European Stocks Sink as Trump Puts EU in Tariff Crosshairs

This is Beirut, 23/05 15:55 - Reading : 3 minute(s)

Donald Trump European Union Stock

European stock markets tumbled Friday after US President Donald Trump ended a lull in his trade war as he raised the spectre of hitting imports from the European Union with a massive 50-percent tariff. The Paris CAC 40 index and Frankfurt DAX fell by around three percent at one point, with shares in luxury and car companies taking a hit, before ...