European Stock Futures Decline Amid US Tariff Concerns
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European stock futures dropped sharply as investors reacted to US tariffs on Canada, Mexico, and China, fearing potential impacts on the region's economy.
European stock futures tumbled as investors weighed the risks of the region potentially being affected by recent US tariffs.
Contracts on the Euro Stoxx 50 Index fell as much as 3.4% in early trading in Asia, reflecting a worse performance compared to the overall decline seen in US stock futures. This selloff occurred following US President Donald Trump's imposition of tariffs on Canada, Mexico, and China, which appears to be the initial step in a series of trade restrictions aimed at altering global supply chains.
