As Trump’s reciprocal tariffs take effect, European stocks plummet.
24/7 Bulletin, April 9 As harsh reciprocal tariffs from the United States went into effect on Wednesday, European equities slumped, escalating concerns about the trade war’s potential economic harm that even reached the bond market. The surge from the previous session ended, as the pan-European STOXX 600 (.STOXX) opened the day 2.5% lower at 0711