Salem Radio Network News Thursday, January 8, 2026

Business

European stock futures fall over 2% after Trump’s tariff announcement

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MILAN (Reuters) – European stock futures plunged on Thursday after U.S. President Donald Trump unveiled more tariffs on trading partners, intensifying a global trade war that threatens to stoke inflation and stall growth.

EuroSTOXX50 and DAX futures both fell around 2.3% by 0658 GMT, while FTSE 100 futures were down around 1.7%.

(Reporting by Danilo Masoni; Editing by Amanda Cooper)

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