European stocks slip as automakers fall on Trump tariff threat
Updated
Updated · Bloomberg · May 4
European stocks slip as automakers fall on Trump tariff threat
11 articles · Updated · Bloomberg · May 4
The Euro Stoxx 50 was down 0.08% by 9:16 a.m. in Paris, while London's stock exchange was shut for a holiday.
Carmakers led declines after Trump said he would raise tariffs on cars imported from Europe, extending losses after earlier falls in the sector.
Tech shares rose as enthusiasm for artificial intelligence helped push Asian benchmarks to records, following a fresh all-time high in US markets on Friday.
As US-EU tariff threats intensify, are European automakers or American consumers facing greater economic pain?
With the Strait of Hormuz closed, can 'Project Freedom' stop oil from soaring to $150 a barrel?