European Shares Plummet: Tariff Fears Spark Urgent Sell-Off

Volatility Surges as Investors Brace for Global Trade Chaos European shares tumbled to their lowest close in two months as U.S. President Donald Trump's bold declaration of imposing tariffs on all countries sent shockwaves through global markets, igniting widespread fears of an impending economic slowdown. The pan-European STOXX 600 index dropped a sharp 1.5%, marking its steepest daily decline in nearly three weeks and extending losses into a fourth consecutive session. This dramatic fall, coupled with a spike in the region's volatility index to a near three-week high, underscored the growing unease among investors who flocked to safe-haven assets like gold and the Japanese yen ($). With most major regional stock exchanges plummeting over 1%, the market's reaction highlighted the escalating panic over Trump's aggressive tariff policies and their potential to disrupt international trade flows. As investors brace for reciprocal tariffs from U.S. trading partners set to...