European markets decline as Trump threatens auto tariffs

cnbc.com

European markets are poised for a lower open due to President Trump's threat of new auto tariffs on EU vehicles. Futures indicated declines across major European indices, with automakers particularly affected. The EU is considering its response to the proposed 25% tariffs. The news coincides with a US plan to secure shipping in the Strait of Hormuz and follows an incident involving a vessel in the UAE.


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