European equities see red at the open as tariff worries weigh
- Eurostoxx -1.1%
- Germany DAX -1.0%
- France CAC 40 -1.1%
- UK FTSE -1.0%
- Spain IBEX -0.8%
- Italy FTSE MIB -1.4%
This comes as US futures are also under heavy pressure, with S&P 500 futures down 0.8% currently. The prospect of Trump tariffs ahead of Liberation Day on 2 April is still the main source of worries in broader markets at the moment. And he will certainly be banging on the war drums over the next two days in the run up. So, expect more volatility to come until then.