(9 Apr 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Frankfurt, Germany – 9 April 2025
1. Various of trading floor
2. Close of screen as trading opens
3. Various of trading floor
4. Close of screen
5. Mid of trading floor
6. Tilt down of screen
7. Various of trading floor
STORYLINE:
European shares slid on Wednesday, with Germany’s DAX losing 2.1% to 19,857.36 after the launch of the latest set of U.S. tariffs.
Paris’ CAC 40 declined 2.1% to 6,949.92 and Britain’s FTSE 100 gave up 2% to 7,753.42.
Markets have been wobbly for days, with investors flummoxed over what to make of President Donald Trump’s trade war.
Stocks had rallied globally on Tuesday, with indexes up 6% in Tokyo, 2.5% in Paris and 1.6% in Shanghai. Any optimism or buying enthusiasm appeared to have dissipated by the time the sharply higher tariffs became reality.
Analysts have been warning to expect more swings up and down in markets given the uncertainty over how long Trump will keep the stiff tariffs on imports, which will raise prices for U.S. shoppers and slow the economy.
If they last a long time, economists and investors expect them to cause a recession. If Trump lowers them through negotiations relatively quickly, the worst-case scenario might be avoided.
Trump’s trade war is an attack on the globalization that’s shaped the world’s economy and helped bring down prices for products on store shelves but also caused manufacturing jobs to leave for other countries.
Trump has said he wants to narrow trade deficits, which measure how much more the United States imports from other countries than it sends to them as exports.
===========================================================
Clients are reminded to adhere to all listed restrictions and to check the terms of their licence agreements. For further assistance, please contact the AP Archive on: Tel +44(0)2074827482 Email: info@aparchive.com.
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter: https://twitter.com/AP_Archive
Facebook: https://www.facebook.com/APArchives
Instagram: https://www.instagram.com/APNews/
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/a3db60c35322451b8368d49c674326e6
Author: AP Archive
Go to Source
News post in April 14, 2025, 9:04 am.
Visit Our Sponsor’s:
News Post In – News
