In European stock exchanges, a negative course is observed by increasing the tension in the markets.
The Stoxx Europe 600 indicator index decreased by 3 percent, 472 points, the DAX 40 index decreased by 2.8 percent in Germany and 19,691 points and the FTSE 100 index in the UK is traded from 7.694 points with 2.7 percent loss.
The FTSE MIB 30 index decreased by 2.8 percent in Italy, 32,724 points, the IBEX 35 index in Spain decreased by 2.6 percent of 11,755 points and CAC 40 index in France is 6.909 points with a loss of 2.7 percent.
In the global markets, the uncertainties about the course of the economic tension between the two countries after the US administration’s latest Customs Dutch move against China increased, while the Federal Open Market Committee of the US Federal Bank (FED), which will be announced today with the news flow of tariffs, is at the focus of investors.
Following the tariffs announced by Trump on April 2, many countries showed an open attitude to negotiations and brought with it optimism, which supports the tendency to recover in the markets. After China’s retaliation of tariffs, the US announced that customs duties for China will be increased to 104 percent caused global risks to rise again.
With this development, a negative course is followed in the European stock exchanges, while the main agenda continues to be customs duties throughout the region.
The European Union (EU) Commission President Ursula von Der Leyen called for a solution to the problems caused by the new customs tariffs announced by US President Trump in a telephone conversation with Chinese Prime Minister Li Çiang.
Von Der Leyen stated that stability and predictability for the global economy are vital for the global economy.
Von der leyen called for a solution to the problems caused by tariffs through negotiation and emphasized that the tension should be prevented from climbing further.
Italian Prime Minister Giorgia Meloni reportedly met with business representatives to discuss the effects of Trump’s customs tariffs on the Italian industry and economy and the measures to be taken. Prime Minister Meloni said at the meeting that he would go to Washington on April 17, said he would meet with US President Donald Trump.
Jose Luis Escriva, the President of the Central Bank of Spain, said that the impact of the US customs duties on Spain would lead to the downward revision of the Spanish Central Bank’s 2025 growth forecasts.
For the rest of the day, the FED meeting minutes will be followed by wholesale stock data in the USA.
