Europe markets head for lower open as global rally stutters; investors digest Trump tariff implications

By CNBC   |   1 year ago
Europe markets head for lower open as global rally stutters; investors digest Trump tariff implications

Trump plans to impose a 10% tariff on Chinese goods and threatens 25% on Mexico and Canada. Economists warn of inflation and slower interest rate cuts. Market reaction is negative, but final tariffs may differ from initial proposals.

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