Trump Tariffs Spark European Stock Market Meltdown | The Opening Trade 04/07
The carnage in financial markets unleashed by President Donald Trump’s tariffs is continuing unabated as equities get pummeled and US stock futures show that last week’s $5 trillion wipeout isn’t over. It’s a sea of red in Europe, with major benchmarks falling sharply. The Euro Stoxx 600 fell more than 5%. Germany’s DAX plunged more than 10% at the open, before trimming losses. Concerns about the economic impact of the tariffs are pushing investors to ramp up central bank rate-cut bets. Trump struck a defiant tone on his tariff policy and dashed any hopes of a quick U-turn, telling reporters on Sunday evening to “forget markets for a second.”
The Opening Trade has everything you need to know as markets open across Europe. Traders now expect the Fed to cut another five times this year. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Kriti Gupta.
Chapters:
00:00:00 – Opening Trade
00:01:29 – Trump Rejects Market Selloff Fears Aft
00:05:26 – China Stocks Down Most Since 2008
00:12:07 – France’s Le Pen Supporters Rally
00:12:44 – Tiktok Deal Stalled
00:15:16 – Trump Tariffs: Spain’s Finance Minster Says EU Not ‘Naive’
00:29:59 – Nikkei Enters Bear Market
00:33:52 – ‘Wrong Time’ to Buy the Dip: UBS
00:38:31 – Don’t Expect ‘Big’ EU Retaliation on Tariffs: Barclays
00:46:10 – European Sectors All Down at Market Open
00:50:16 – Stoxx 600 Down 9% in 3 Days
01:05:59 – European Banks Drop Over 6%
01:08:49 – Gold Price, Copper Price, Oil Outlook
01:12:12 – Trump Tariffs: Global Trade War Risks Mount
01:30:07 – US Recession Fears Grow
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33 Comments
Al momento, la componente di reddito delle obbligazioni statunitensi a breve termine si muove lentamente ed è un po’ difficile da valutare.🙂
Welcome to Stagflation America !!!!
garbage talk
Don’t worry Europe!
Worry your Hillbilly Country!
US off x it’s out off any future business!
Keep your border close! We don’t like you …. all!
Countries are on a hiding to nothing as long as these tariffs are based on trade deficits/surpluses and Trump is intent on bullying countries to submission. Small economies will fold but how could Vietnam scrapping 7% tariffs on $13Bn imports off-set their 97% trade surplus with the US? It can't. The first negotiations will having to get the tariffs calculated on real data, not merely on trade deficits/surpluses
EU needs to offer incredibly CHEAP GOODS to China 🇨🇳 since Luxury Goods are down there .
Europe better make a deal- Americans will take this to oblivion.
Americans are predictably unpredictable.
Americans turn war into a hobby..
At this point, any time Trump opens his mouth the market drops.
Crazy Rich Asians in China 🇨🇳 will purchase all the goods the EU can send their way 🤣🤣🤣🤣
If you ever want to know the real truth about how our country is doing just remember that Trump says the opposite of what's really happening
They can't put the Tariff tax on it if you don't buy it
Tariffs are just a symptom of the real problem, the orange turd regime is absolutely stupid and irrational. This is not American governance as we knew it, even compared to his first administration. Anything good that happens will be accidental
Popular Myth : American consumers cannot survive without WALMART and the made-in-China goods WALMART pedals .
WE AINT SELLING SIR, STACKING STATS🍊🍊🍊🍊
NO MORE FREELOADING!
The Tariff show between USA and Israel is just a show haahahahahah it is a holleywood movie. YOU must be an idiot to not see it
So glad Trump had the balls to use tariffs to correct our trade deficits. The USA is going broke @ $2 trillion/ year.
The Worlds Free Ride is Over!
Make America Great Again!
There is only one logical reason for Trumps behavior. To weaken Europe to the point Europe and US cannot support Ukraine. I know I sound mad. But give me another reason that sound a bit sane.
WTO is a defunct organization .
America is not a manufacturing country anymore this is why the new negotiations they are wanting to bring those companies back to the U.S for the past 30 years they have propped up everyone elses economy this is what the media dosnt want to tell. they terrif the heck out of America already and if they lose America and its 280 million consumers there is no way a country can compete and will regress back to their 1994 economy. this is a very serious game for these smaller economies. The U.S will survive this 90% wont.
Watch as Trump starts to make deals with the countries that have the sense to instantly offer to zero out their tariffs in exchange for a deal. Trump, and those countries, will be the winners. The US stock market will rip higher just as fast as it fell. Those who think they can retaliate, who think they're tough, are going to suffer.
Easy…Steady…just a bit more…hit it (the ENTER button) to confirm Buy. Not a financial advice. Enter at your own risk.
will go away in the spring. While thousands died daily. What a short attention span Americans have
When you are off course and find the correct path, the going is still rough but when the course corrects itself, it goes straighter and stronger than before. This flow of cash out of the country and none coming back in needs to stop. The stock market is just a group og greedy investors looking for today's profits and have no concern for any country, only money
Hmm, a very weak response… being coolheaded means be submissive ? Everyone is showing their teeth and Spain is pulling its pence down and saying come and get it.. the trade war has not even really started yet.
I buy local my Donald. can
Peter Navarro/Ron Vara, senior trade advisor in the regime, thinks VAT/sales tax in other countries is a tariff. That’s the level of stupidity we’re seeing destroy the economy.
As a European I thought Trump's arguments sounded logical. Since my small country with 5 mill. inhabitants has on average 2 % tax on US goods, I expected Trump's resiprocat tariffs to be 2%. But they were 15%, which was a surprise.
I found out that Trump isn't matching other countries tax/tariffs. He's taking USA's trade deficit and deviding that number in two. That doesn't make sense. It's not a resiprocal tariff. How can 5 mill. people import just as much from the USA as 350 mill. Americans import from us?
USA has been a net importer for many years. Printing dollars out of thin air and sending them abroad, getting goods in return from all over the world. It is a good thing Trump is stopping that madness.
Just sold all our stock cash out
Sell sell sell sell sell 🎉
Honestly seeing my portfolio low makes me very sad. 😢 Is there any chance of one on 1 mentor? I’m willing to pay, I need real guidance before I blow up my account 🙏 I'm very scared of holding right now or how do you guys still make so much…?
Hahahahahaahahahha tariffs are working libs