Significant Decline in European and Asian Stock Markets
April 7, 2025
European stock markets opened sharply lower today, influenced by President Donald Trump's recent tariff announcements. The pan-European Stoxx 600 index fell by 6% at the start of trading, with all sectors participating in the decline. Asian markets also experienced significant declines, particularly in Chinese stocks. Concerns over the effects of U.S. tariffs are driving a sense of panic in the markets.