Euro Falls After Trump's Tariff Threats -- Market Talk

Dow Jones15:59

0759 GMT - The euro falls after President Trump said he was likely to impose new tariffs on the EU after similar moves on Canada, China and Mexico. Trump said on Sunday that tariffs on the EU would "definitely happen" soon. He took a softer line on the U.K., saying that tariffs might happen but was sure a deal could be made as Prime Minister Keir Starmer has been "very nice." The euro falls 0.2% to $1.0229 after hitting a three-week low of $1.0213 overnight, according to FactSet. Against sterling, the euro falls 1.1% to a near four-week low of 0.8320. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

February 03, 2025 02:59 ET (07:59 GMT)

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