Monday, August 15, 2022
HomeGlobal BusinessEuropean stock markets slump after trade war escalates

European stock markets slump after trade war escalates

August 2, 2019: European stock markets tumbled at the start of business on Friday after US President Donald Trump dramatically escalated the trade war with China by slapping tariffs on $300 billion of goods.

London's blue-chip FTSE 100 index fell 1.6 percent in early trading, while the DAX 30 in Frankfurt slumped 2.2 percent and the CAC 40 in Paris tumbled 2.3 percent.

APP

Posted on: 2019-08-02T12:31:00+05:00

29267

RELATED ARTICLES
- Advertisment -

Most Popular