• Contact
Monday, August 4, 2025
Register
Login
European Press
Advertisement
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video
No Result
View All Result
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video
No Result
View All Result
European Press
No Result
View All Result

Global markets slip as Trump unleashes sweeping tariffs on 92 countries

1 August 2025
in Business
Reading Time: 3 mins read
A A
Global markets slip as Trump unleashes sweeping tariffs on 92 countries
ShareShareShareShareShare

Stock markets across Europe and beyond fell sharply this morning following a dramatic escalation in the global trade war by former US President Donald Trump.

On Thursday night, Trump announced a new wave of tariffs on imports from 92 countries, igniting fears of a significant blow to international commerce and a renewed slowdown in global economic growth.

In early trading, Germany’s DAX index dropped by 1.1 per cent, while France’s CAC 40 fell by nearly 1 per cent and Spain’s IBEX lost 0.6 per cent. London’s FTSE 100 was also down 0.5 per cent despite the UK and EU finalising a trade deal with the US earlier this week.

Economists warned the tariffs could damage business confidence and disrupt supply chains just as global trade had started to stabilise post-pandemic.

“This is a huge blow to global commerce,” said Atakan Bakiskan, US economist at Berenberg Bank. “The tariffs distort competition between firms producing in the US and those based abroad.”

Support authors and subscribe to content

This is premium stuff. Subscribe to read the entire article.

Login if you have purchased

Subscribe

Gain access to all our Premium contents.
More than 100+ articles.
Subscribe Now

Related Posts:

  • Global markets slip as Trump unleashes sweeping tariffs on 92 countries
    Global markets slip as Trump unleashes sweeping…
  • Global markets slip as Trump unleashes sweeping tariffs on 92 countries
    General Motors profits tumble by a third as Trump…
  • Nomura expects ‘Trump tariff’ on PHL goods staying at 10%
    Nomura expects ‘Trump tariff’ on PHL goods staying at 10%
  • World Bank keeps PHL growth forecasts
    World Bank keeps PHL growth forecasts
ShareTweetSendPinShare
Previous Post

UP-FAHLA Center for Advanced Healthcare Informatics launches first Certification Course

Next Post

Microsoft joins $4tn club as AI-driven growth fuels tech boom

Next Post
Microsoft joins tn club as AI-driven growth fuels tech boom

Microsoft joins $4tn club as AI-driven growth fuels tech boom

Recommended

Martine McCutcheon’s ‘heartbroken’ mum begs for reconciliation following tragic family death

Martine McCutcheon’s ‘heartbroken’ mum begs for reconciliation following tragic family death

27 July 2025
MUFG sees room for further policy easing

MUFG sees room for further policy easing

28 July 2025
Patio Madrigal: Where heritage meets modern living along Roxas Boulevard

Patio Madrigal: Where heritage meets modern living along Roxas Boulevard

17 July 2025
Exclusive: Israel has no plans for long-term control of Gaza, FM Sa’ar tells Euronews

Exclusive: Israel has no plans for long-term control of Gaza, FM Sa’ar tells Euronews

25 July 2025
Watch the video: High waves hit Japan after Russia earthquake triggers tsunami

Watch the video: High waves hit Japan after Russia earthquake triggers tsunami

1 August 2025
European Press

European-press.com shares the latest news from Europe and around the world. It covers topics such as business, technology, sports, health, entertainment, and lifestyle. Feel free to get in touch with us!

Disclaimer  Privacy Policy – EU  Imprint 

Contact Us

What’s New Here!

  • Latest news bulletin | July 29th, 2025 – Evening
  • Giants’ ‘athletic’ quarterbacks could give them a physical leg up
  • Kia issues recalls over loose parts creating possible roadway hazards
  • Rebecca Loos’ ‘affair’ with David Beckham in her own words

Subscribe to Our Newsletter

Copyright 2025 © EUROPEAN PRESS All rights on our posts reserved!

Translate »
European Press
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
No Result
View All Result
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video

Copyright 2025 © EUROPEAN PRESS All rights on our posts reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
×