Trump’s Win Heightens Nervousness in European Stock Markets
European stock markets were mixed Tuesday after another day of anxiety as a Trump win heightens concerns over global trade.
The FTSE 100 slipped 0.15 percent, the CAC 40 dropped 0.18 percent, and the DAX 30 gained 0.34 percent.
“There is a lot of nervousness in the market following the U.S. election result,” said David Madden, market analyst at CMC Markets UK. “The market is digesting the news and trying to figure out what a Trump presidency means for the global economy.”
Concerns Over Global Trade
One of the biggest concerns for European investors is the future of global trade.
Trump has threatened to impose tariffs on imports from China and Mexico, and he has also said he wants to renegotiate the North American Free Trade Agreement (NAFTA).
These policies could have a negative impact on European businesses, which rely on exports to the United States and other countries.
Other Concerns
In addition to concerns over trade, investors are also worried about the impact of Trump’s policies on other areas, such as regulation and immigration.
Trump has promised to cut taxes and regulations, which could benefit businesses. However, he has also said he wants to restrict immigration, which could make it more difficult for businesses to find workers.
Overall, the outlook for European stock markets is uncertain following the U.S. election. Investors are worried about the impact of Trump’s policies on global trade and other areas.