President Donald Trump arrives at the White House for a press conference in response to the Supreme Court’s ruling that President Trump exceeded his authority when imposing tariffs, on January 20, 2026, in Washington, DC.
Elizabeth Franz | Reuters
LONDON – European stock markets are expected to open this week in negative territory as global markets react to US President Donald Trump’s latest global tariff policy.
british FTSE The index opened 0.2% lower, with Germany’s dachshund France, down 0.7% CAC40 Italy decreased by 0.4%. FTSE MIB According to IG data, it fell 0.45%.
European markets ended last week higher after the U.S. Supreme Court ruled against large portions of President Trump’s “reciprocal” tariffs, but President Trump announced over the weekend that he would introduce new 15% global tariffs, up from 10%.
President Trump said in a post on Truth Social that the new tariffs are “effective immediately.” He warned Saturday that additional levies would continue.
“As President of the United States, I will take effect immediately to increase the 10% global tariff on countries, many of which have been ‘striped’ from the United States for decades, without retaliation (until I came along!) to the fully permissible and legally tested level of 15%,” he wrote.
U.S. stock futures fell Sunday night as new tariffs increased market uncertainty about the outlook for inflation and global growth. Asia-Pacific markets rose overnight despite tariff uncertainty.
The new trading week got off to a quiet start with no profits expected on Monday. On the data front, Germany’s Ifo Business Survey will be released, and Italy’s latest inflation data will be released.
