European markets set for broadly positive open as traders assess tariff landscape
CNBC·2026-02-24 06:59

Group 1 - European stocks are expected to open flat to higher as investors assess the new global trading landscape following U.S. President Trump's latest tariff move [1][2] - The U.K.'s FTSE index is projected to open unchanged, while Germany's DAX and France's CAC 40 are expected to rise around 0.25%, and Italy's FTSE MIB is anticipated to increase nearly 0.3% [2] - Regional stocks closed lower on Monday due to global market reactions to Trump's decision to impose a new 15% global levy on imports to the U.S. [2][3] Group 2 - European officials have expressed concerns that the new tariffs could threaten trade deals with the U.S., leading the European Parliament to pause work on ratifying the U.S.-EU trade deal agreed upon last summer [3] - U.S. markets experienced declines as investors reacted to the new trade policy and ongoing fears regarding AI disruptions to industry [3] - Trump indicated his willingness to increase tariffs further, warning of higher duties for countries that "play games," following the Supreme Court's decision to strike down his "reciprocal" tariffs [4]

European markets set for broadly positive open as traders assess tariff landscape - Reportify