Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Trump’s flip-flopping on tariffs rattles european markets

by March 7, 2025
March 7, 2025
Trump’s flip-flopping on tariffs rattles european markets

European stock markets sank on Friday, losing momentum as conflicting signals from President Trump on tariffs left investors feeling uneasy.

The pan-European Stoxx 600 index shed 1 per cent and looked set to halt its run of ten consecutive weekly gains. In London, the FTSE 100 slipped 0.4 per cent and is now down 1.7 per cent over the week, while Germany’s DAX fell 1.5 per cent.

Jamie Constable, market strategist at Singer Capital Markets, observed: “The uncertainty is coming from the White House as trade and other policy flips and flops on a daily basis.”

Trump’s latest about-turns involved granting a last-minute reprieve on tariffs targeting goods from Mexico and Canada, extending exemptions for a further month. On Wednesday, he had already postponed new levies on Mexican and Canadian car imports — changes that unnerved investors and prompted warnings from Republican politicians over potential economic fallout.

On Wall Street, the Nasdaq Composite slid 2.6 per cent and is now in correction territory, having dropped more than 10 per cent from its December peak. Asian markets followed suit, with Japan’s Nikkei 225 losing 2.17 per cent, reaching a six-month low, and Hong Kong’s Hang Seng falling 0.57 per cent.

Heightened risk aversion boosted gold, which rose to $2,922.16 per troy ounce, up 0.4 per cent on the day, and strengthened the Swiss franc. The dollar edged lower, helping to lift sterling to $1.2919 – its highest level since November.

European government bond yields were broadly flat after climbing earlier in the week amid news of potential increased borrowing in Germany to boost infrastructure and defence spending. The 10-year German Bund yield remained at 2.82 per cent, with French yields dipping slightly and UK yields inching higher.

Investors are braced for the latest US employment figures after ADP’s midweek data suggested private sector hiring slowed in February. Markets fear the impact of Trump’s trade policies could be more pronounced than anticipated, possibly dragging on economic growth.

Adding to the tension, Jerome Powell, chair of the US Federal Reserve, is due to speak later, potentially offering fresh insight into the future path of interest rates and broader monetary policy in the world’s largest economy.

Read more:
Trump’s flip-flopping on tariffs rattles european markets

0
FacebookTwitterGoogle +Pinterest
previous post
Pro-Ukraine GOP Rep. Bacon declares ‘real Republicans know that Putin’s Russia hates the West and freedom’
next post
Dragons’ Den favourite Sara Davies quits show with heartfelt farewell, leaving fans ‘truly gutted’

You may also like

Government unveils £200m digital skills training package

November 10, 2023

Why Mobile Optimisation and a Smooth User Experience...

April 23, 2025

Housebuilders ‘lobbied against plan for electric car chargers...

September 12, 2022

Pound hits seven-month high and gold surges past...

April 22, 2025

Housing market springs into life over Easter

April 5, 2024

Potential Collapse of Wilko: Fighting for Survival in...

August 3, 2023

CBI finalises plans for crucial vote on business...

May 25, 2023

How companies carry out fleet maintenance in the...

July 26, 2024

Confidence in short supply among bosses as tax...

July 1, 2025

Government injects £75m into regional innovation hubs

October 24, 2023

Government unveils £200m digital skills training package

November 10, 2023

Why Mobile Optimisation and a Smooth User Experience...

April 23, 2025

Housebuilders ‘lobbied against plan for electric car chargers...

September 12, 2022

Pound hits seven-month high and gold surges past...

April 22, 2025

Housing market springs into life over Easter

April 5, 2024

Potential Collapse of Wilko: Fighting for Survival in...

August 3, 2023

CBI finalises plans for crucial vote on business...

May 25, 2023

How companies carry out fleet maintenance in the...

July 26, 2024

Confidence in short supply among bosses as tax...

July 1, 2025

Government injects £75m into regional innovation hubs

October 24, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • A Deep Dive into Duron Ontario Ltd.’s Construction Career

      July 12, 2025
    • One in six UK workers struggling to pay bills as second jobs hit record high

      July 12, 2025
    • Here’s What’s Fueling the Moves in Bitcoin, Gaming, and Metals

      July 12, 2025
    • Inside longtime Biden aide’s marathon closed-door grilling in House GOP cover-up probe

      July 12, 2025
    • David Gergen, trusted White House advisor to 4 US presidents across decades, dies at 83

      July 11, 2025
    • 3 Stocks Seasoned Investors Should Watch

      July 11, 2025

    Categories

    • Business (8,456)
    • Investing (2,118)
    • Politics (16,011)
    • Stocks (3,205)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved