European markets open lower as Trump's sweeping tariffs take effect

By Yahoo! Finance   |   1 month ago
European markets open lower as Trump's sweeping tariffs take effect

The European market opens lower due to new US tariffs on Chinese goods. President Trump confirms planned tariffs on Chinese imports and signals openness to negotiations with other nations. Global markets decline, with Asian markets and European car companies also facing losses. Central banks take action to mitigate impact.

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