European equities see red at the open today ...Middle East

Eurostoxx -1.1%Germany DAX -1.4%France CAC 40 -1.1%UK FTSE -0.6%Spain IBEX -0.9%Italy FTSE MIB -1.3%

It's not looking pretty as European indices are eyeing another weekly decline this month. German stocks are hit the hardest this morning as auto tariffs are weighing especially. Germany sits just behind Mexico, Japan, South Korea, and Canada in terms of value of auto imports from the US. In case you missed it: Trump slaps a 25% tariff on all cars not made in the USA

This article was written by Justin Low at www.forexlive.com.

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