How Trump tariffs hit European markets | DW News

Financial markets are down worldwide and the dollar is tumbling, as Donald Trump's sweeping new trade tariffs unnerve investors. Trump has declared a ten percent baseline on all imports, with significantly higher levies for nations that run trade surpluses with the US. Aside from the existing 25% tariff on all foreign-made cars, the EU will face 20 percent levies, China 34 percent, India 26 percent and Japan 24 percent. For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram:   / dwnews   ►TikTok:   / dwnews   ►Facebook:   / deutschewellenews   ►Twitter:   / dwnews   Für Videos in deutscher Sprache besuchen Sie:    / dwdeutsch   Subscribe: https://www.youtube.com/user/deutsche... #Trump #tariffs #EU