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The biggest winners and losers in Europe as Trump announces sweeping tariffs

3 April 2025
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The biggest winners and losers in Europe as Trump announces sweeping tariffs
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Global markets and businesses were thrown into disarray following U.S. President Donald Trump’s tariff policy, with the European Union hit by 20% duties and the U.K. by 10%. Policymakers’ responses and the potential escalation of conflict are now under scrutiny. Analysts predict economic slowdown and trade disruptions, with few winners expected, despite some positive and negative movements in European assets on Thursday.

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Tags: Adidas AGAnheuser-Busch Inbev SAannouncesAstraZeneca PLCbiggestBirkenstock Holding PLCBreaking News: MarketsBrunello Cucinelli SpAbusiness newsCompagnie Financiere Richemont SADonald TrumpEUR/USDEuropeGBP/USDGSK plcHeineken NVHSBC Holdings PLCKering SAlosersLVMH Moet Hennessy Louis Vuitton SEMarketsNovo Nordisk A/SPandora A/SPernod Ricard SAStandard Chartered PLCsweepingtariffTariffsTate & Lyle PLCtradeTrumpU.S. EconomyUS Dollar/Swiss Franc FX Spot RateWinnersWorld economy
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