1218 GMT - Europe is unlikely to be immune from U.S. President Trump's tariffs, says Mirabaud Group's John Plassard in a note. The answer to the question whether Europe should be trembling is "yes (unfortunately)," the senior investment strategist says. A 10% tariff on European products would be a direct blow to the heart of Europe's economic engine via a potentially 1% eurozone GDP contraction, he says. "Business uncertainty acts like a slow poison, seeping into boardrooms and freezing investment decisions," he says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
February 03, 2025 07:18 ET (12:18 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。