Global Stock Market Plunge: Trump's Tariff Threats Spark Fears, Milan Down 2%
The European stock market is experiencing a significant downturn, with investors growing increasingly concerned about the potential impact of tariffs on the global economy. Milan's stock market has taken the biggest hit, plummeting 2%, while Frankfurt and Paris have also seen significant declines of 1.5%. The threat of reciprocal tariffs from US President Donald Trump has sparked widespread fears of a trade war, leading to a global market sell-off. As the trade tensions escalate, investors are bracing themselves for a potential economic downturn, with the Dow Jones and other major indexes also feeling the effects. With the rise of protectionism and trade wars, the global economy is facing a period of uncertainty, making it essential for investors to stay informed about the latest developments in the market. Key terms: trade war, tariffs, stock market volatility, economic downturn