EuroStoxx 50

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As of 06:16 26 May 2019

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European markets tank on tariffs announcement

German Stock Exchange in Frankfurt
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The European markets have reacted badly to the Trump administration's announcement that it will impose steel and aluminium tariffs on the European Union, Canada and Mexico.

The DAX in Frankfurt has dropped 160.6 points or 1.3% to 12,623.30 and the EuroStoxx 50 has fallen 42.7 points or 1.2% to 3,397.25.