FTSE 100, DAX, Stoxx 600, EU-U.S. trade deal
Workers bring cars together on March 7, 2025 at a Volkswagen Automobile Factory in Wolfsburg, Germany.
Sean Gallup | Getty Images News | Getty Images
As investors continue to evaluate the full scope of the European Union’s trade agreement with the United States, the shares listed in Europe seem to be lower on Friday.
London’s FTSE 100, while the futures of the FTSE 100 were recently traded, those connected to the German DAX are 0.3% lower and the French CAC 40 -term transactions decreased by 0.2%.
In the midst of Thursday’s trade session, the authorities announced the in -depth details of the agreement between Washington and Brussels at the end of last month.
In an agreement reached last month, the EU said it would spend 750 billion dollars on US energy and invest at least $ 600 billion in the US – in return, in return, the blanket tariffs on their goods on their goods were determined as 15% instead of 30% threatened by US President Donald Trump.
An update on Thursday confirmed these details and announced that drugs exported from the EU to the US will see that the tariffs are limited to 15%. US President Donald Trump alleviated some concerns because he had previously threatened the industry to slap up to 250%high tariffs.
After instantly reacting to the news, the Stoxx European drugs and biotechnology index rose to 0.6% higher on Thursday.
In the meantime, automotive stocks are closed in the negative region as market participants react to the “conditional” nature of low tariffs in the sector. Authorities announced on Thursday that the tasks related to export to the US will not be cut from current levels until Brussels reduced their industrial tasks.
In terms of economic data, European investors will monitor a French business confidence pressure, German gross domestic product figures and GFK’s UK consumer trust update update and all will be published on Friday.
