European stocks fall further after Trump says 'trade wars are good'

pulse

March 2, 2018 10:02 AM

On Thursday Trump promised new tariffs of 25% for steel and 10% for aluminum.

Global market slide spreads to Europe after Trump announces metal tariff plans.
Stocks fall further mid-morning after the president tweets that "trade wars are good."
On Thursday, Trump promised new tariffs of 25% for steel and 10% for aluminum.
The news caused US stocks to tumble, and the sell-off has continued in Europe on Friday.

A global stock market slide triggered by President Trump's tariff announcements on Thursday has spread into Europe on Friday morning, with all the continent's major bourses dropping substantially after the president tweeted that "trade wars are good.

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