Stoxx 600, FTSE, DAX, CAC, Trump tariffs reaction
US President Donald Trump arrives at the White House for a press conference after the Supreme Court ruled that Trump exceeded his authority in imposing tariffs, on January 20, 2026 in Washington, DC, USA.
Elizabeth Frantz | Reuters
LONDON — European stocks are expected to start the week in negative territory as global markets react to US President Donald Trump’s latest global tariff policy.
of england FTSE The German index is expected to open with a decrease of 0.2% DAX France fell 0.7 percent CAC 40 Italy, down 0.4% FTSE MIB According to IG’s data, it is 0.45% lower.
European markets closed last week higher after the US Supreme Court ruled against most of Trump’s “reciprocal” tariffs, but the president said over the weekend that he would now impose a new, blanket global tax of 10% to 15%.
Trump said in his Truth Social post that the new tariffs “will go into effect immediately.” He also warned that additional taxes would follow on Saturday.
“I, as President of the United States, will, effective immediately, increase the 10% World Tariff on Countries, many of which have “exploited” the United States for decades, with impunity (until I show up!) to the fully permissible and legally tested level of 15%,” he wrote.
U.S. stock futures fell Sunday night as new tariffs increased market uncertainty about the inflation and global growth outlook. Asia-Pacific markets rose overnight despite tariff uncertainty.
It’s a quiet start to the new trading week as no gains are expected on Monday. On the data front, Germany’s Ifo business climate survey has been released and Italy’s latest inflation data is due to be released.
