Wall Street and EU futures tumble amid U.S. tariff threats
Global markets shuddered on July 14 following fresh threats from U.S. President Trump, who warned of 30% tariffs on imports from the European Union and Mexico . Wall Street and European futures declined, and bond yields climbed amid investor anxiety .
EU leaders postponed retaliatory action and opted for dialogue, but analysts warned of potential €21 billion in counter-tariffs if negotiations fail . The bond market responded more sharply than equities, reflecting shaky investor confidence .
Meanwhile, the stronger U.S. dollar and rising oil prices underscored risk-off sentiment. As markets brace, upcoming inflation and earnings reports may determine whether tensions ease or escalate further.
Adedayo Obadina
Talksocialtalks