India, Feb. 28 -- European stocks may open sharply lower on Friday as the U.S. prepares to impose tariffs on Canada, Mexico and China with effect from March 4.
Trump's tariff proposals as well as doubts over the frenzy around artificial-intelligence technology rattled investors and deepened concerns about the outlook for inflation, interest rates and economic growth.
Meanwhile, trading later in the day may also be driven by reaction to the U.S. Commerce Department's reports on personal income and spending in January, which includes the Federal Reserve's preferred consumer price inflation readings.
Key benchmark indexes in Asia fell 1-3 percent after Trump proposed 25 percent tariffs on Mexican and Canadian goods will take effect on March...