Since US president Trump announced his far-reaching tariff plans, stock exchanges around the world have tumbled. On the very day after Trump’s announcements alone, US markets suffered the worst daily blow since 2020.
How to interpret recent market moves? Is the shift towards European equities a new trend? DWS CIO Vincenzo Vedda explains what is driving recent developments.
Tariffs weigh on US growth as Europe holds steady
Trump-era tariffs are fueling inflation and slowing economic growth in the U.S. In contrast, Europe is demonstrating greater stability. DWS Chief Economist Johannes Müller breaks down the current situation.
