{"id":58168,"date":"2025-04-02T08:53:41","date_gmt":"2025-04-02T08:53:41","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/04\/02\/european-shares-slide-before-trumps-tariff-announcement\/"},"modified":"2025-04-02T08:53:41","modified_gmt":"2025-04-02T08:53:41","slug":"european-shares-slide-before-trumps-tariff-announcement","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/04\/02\/european-shares-slide-before-trumps-tariff-announcement\/","title":{"rendered":"European Shares Slide Before Trump&#8217;s Tariff Announcement"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks declined on Wednesday ahead of reciprocal tariffs announcement from the U.S. later in the day. <\/p>\n<p>The new tariff rates will take effect immediately after they are announced by U.S. President Donald Trump at 2000 GMT.<\/p>\n<p>The pan European STOXX 600 was down 0.8 percent at 535.34 after climbing 1.1 percent on Tuesday. <\/p>\n<p>The German DAX fell 1.2 percent, France&#8217;s CAC 40 shed 0.6 percent and the U.K.&#8217;s FTSE 100 was down 0.4 percent. <\/p>\n<p>Nordex SE rallied 2.2 percent. The wind turbine manufacturer announced that it has received two orders totaling 750 MW from a wind energy project developer in T\u00fcrkiye.<\/p>\n<p>Fuchs SE, a German manufacturer of lubricants and related specialty products, fell 1 percent after acquiring U.S.-based IRMCO Advanced Metalforming Lubricant Technologies for an undisclosed sum. <\/p>\n<p>Grafton Group shares were down 1 percent. The distributor of building materials said that it has agreed to acquire HSS Hire Ireland Ltd. from HSS Hire Group for 31.6 million euros on a cash and debt free basis.<\/p>\n<p>Svitzer shares soared 31 percent after Denmark&#8217;s AP Moller Holding proposed an all-cash deal to acquire the remaining shares of the towage and marine service provider. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Shares Slide Before Trump&#8217;s Tariff Announcement<\/a><br \/>\n<br \/>2025-04-02 08:53:41<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks declined on Wednesday ahead of reciprocal tariffs announcement from the U.S. later in the day. The new tariff rates will take effect immediately after they are announced by&#8230;<\/p>\n","protected":false},"author":2,"featured_media":58169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-58168","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=58168"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58168\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/58169"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=58168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=58168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=58168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}