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European shares slide as Trump touts sweeping tariffs

The pan-European STOXX 600 index fell 1.2%, as of 0709 GMT, with the benchmark indexes in the region's top economies Germany and France down 1% and 1.2%, respectively. Wall Street futures pointed to a sharply lower open as Trump's comments over the weekend prompted a rush to the safety of gold and Japanese yen. Investors are bracing for reciprocal tariffs on U.S. trading partners on April 2, which Trump has called "Liberation Day" for the U.S. economy.

The pan-European STOXX 600 index fell 1.2%, as of 0709 GMT, with the benchmark indexes in the region's top economies Germany and France down 1% and 1.2%, respectively.

Wall Street futures pointed to a sharply lower open as Trump's comments over the weekend prompted a rush to the safety of gold and Japanese yen. Investors are bracing for reciprocal tariffs on U.S.

trading partners on April 2, which Trump has called "Liberation Day" for the U.S. economy.

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