Reported about 1 month ago
European executives are increasingly worried about Donald Trump's potential return to the White House and his promise to impose substantial tariffs on imports. Mentions of 'tariff' have surged in European earnings calls, reflecting anxiety over Trump’s trade policies, which could lead to retaliatory actions from the EU. Analysts predict that a Trump victory could negatively impact European equities, particularly in sectors reliant on exports, as Trump aims to protect U.S. industries. In contrast, a win for Kamala Harris may benefit European stocks due to anticipated corporate tax increases in the U.S.
Source: YAHOO