India, April 9 -- French stocks are deep down in negative territory on Tuesday as recessions fears have intensified following U.S. President Donald Trump's tariffs, including a 20% levy on European Union imports becoming effective today.
The European Commission is reportedly contemplating imposing tariffs of up to 25% on over 22 billion euros worth of American agricultural and industrial exports.
U.S. President Donald Trump pushed ahead with higher duties on roughly 60 trading partners that he dubbed the "worst offenders." The latest set of U.S. tariffs, including a massive 104% levy on Chinese imports, take effect today.
Trump also proposed the imposition of a "major" tariff on drug imports in a bid to stimulate domestic drug production...