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Trump's erratic tariff policy shakes confidence in Europe's market bull run


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Published in Stocks and Investing on by Reuters   Print publication without navigation

Pictet Asset Management's chief strategist, Luca Paolini, said more bad news on tariffs would probably hit European assets that had boomed on stimulus hopes harder than U.S. markets already depressed by the White House's erratic trade policy.

The article from MSN discusses the impact of former U.S. President Donald Trump's tariff policies on the European economy. Trump's unpredictable approach to tariffs, particularly his threats to impose high tariffs on European cars and his use of tariffs as leverage in trade negotiations, has introduced significant uncertainty into the European market. This unpredictability has shaken investor confidence, potentially threatening the ongoing bull run in European markets. The article highlights how Trump's tariff threats, which were often used as a negotiation tactic, could disrupt global trade flows, increase costs for businesses, and lead to retaliatory measures from Europe. This environment of uncertainty makes it challenging for businesses to plan long-term investments and for markets to maintain their upward trajectory, as stability and predictability are key for sustained economic growth.

Read the Full Reuters Article at:
[ https://www.msn.com/en-gb/money/economy/analysis-trump-s-erratic-tariff-policy-shakes-confidence-in-europe-s-market-bull-run/ar-AA1BOFZ6 ]

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