Tuesday saw European markets continue to rise as investors processed the most recent round of tariffs imposed by US President Donald Trump.
With the banking index up 1.26%, the pan-European Stoxx 600 index briefly closed up 0.27%.
Even though UniCredit, a company based in Italy, reported a small slowdown in 2025 sales due to anticipated losses in net interest income, the company’s stock fell 1%.
Trump’s pledge to impose blanket charges on two important metals has prompted investors worldwide to keep an eye on any changes to U.S. trade policy.
On Monday night, the president signed the mandate to impose 25% import duties on steel and aluminium starting on March 4.
Source (CNBC)
