European stocks tumbled, the euro gave back some gains, and euro zone government bond yields fell sharply on Friday after US President Donald Trump said he is recommending a straight 50% tariff on goods from the European Union starting on June 1.
European stocks tumbled, the euro gave back some gains, and euro zone government bond yields fell sharply on Friday after US President Donald Trump said he is recommending a straight 50% tariff on goods from the European Union starting on June 1.