Trump’s tariffs weigh on European stock prices | News in brief

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In Europe, stock prices fell after the start of trading on Tuesday. They were especially weighed down by the shares of car manufacturers, which fell on the future US president Donald Trump’s planned customs duties.

Investors are worried that Europe will also suffer from a probable global trade war.

Trump vowed on his social media account to enact large tariffs on imports from Canada, China and Mexico as soon as his inauguration on January 20.

AFP, Reuters

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