The Business Times
business-time-50

European stocks slide at open after Trump tariffs

Summarise
google-preferred-sourceAdd BT as a preferred source
Published Thu, Apr 3, 2025 · 04:17 PM
    • Frankfurt’s DAX index was the biggest faller, shedding 2.2 per cent, while the Paris CAC 40 retreated 2.0 per cent.
    • Frankfurt’s DAX index was the biggest faller, shedding 2.2 per cent, while the Paris CAC 40 retreated 2.0 per cent. PHOTO: REUTERS

    [BRUSSELS] European stock markets slumped at the start of trading on Thursday (Apr 3) after US President Donald Trump’s latest tariffs salvo aimed at countries worldwide.

    Frankfurt’s DAX index was the biggest faller, shedding 2.2 per cent, while the Paris CAC 40 retreated 2.0 per cent. Outside the European Union, London’s FTSE 100 lost 1.2 per cent after Trump hit Britain less hard than the European Union. AFP

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    EuropeLondon

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Liang’s net worth more than doubled to US$36 billion, from around US$16.7 billion, according to the Bloomberg Billionaires Index. 

    DeepSeek founder Liang Wenfeng becomes the world’s richest AI model creator

    US Secretary of State Marco Rubio (far left) and Treasury Secretary Scott Bessent listening as President Donald Trump (centre) speaks to the media on the sidelines of a Nato summit in Ankara, July 8, 2026.

    A new kind of ‘ceasefire’ between US and Iran where talks, strikes are part of the same process

    President Trump’s U-turn illustrated the bind he was in, as hostilities with Iran resume and Teheran refuses to loosen its grip on the crucial waterway.

    Trump shelves 20% fee for Hormuz cargo after Gulf pressure

    Philippine’s Maharlika support for Petron through a credit facility shows the sovereign fund’s role in the nation’s energy security.

    Early payout from Philippines’ Maharlika Investment Fund raises eyebrows over its true nature

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More