DAX retreats on escalating US–European trade and geopolitical risks

European stock indices decline amid concerns over US–European trade stability

European equity markets closed lower after US President Donald Trump announced potential tariffs targeting Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland. The proposed measures would take effect at 10% on 1 February, rising to 25% by 1 June, and would be imposed in addition to existing duties of 10% on the United Kingdom and 15% on the European Union.

In response, the European Union signaled…

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