Citi European Equity Strategy Head Beata Manthey discusses the impact US President Donald Trump’s tariffs could have on markets and the broader European economies, including the UK. She says the market has “not priced in 20% for Europe,” adding that US levies on Europe and potential individual sector tariffs, could have “around 3% EPS [earnings per share] impact.” Speaking on Bloomberg Television, Manthey says: “The biggest worry is, of course, the second-order effects on the economy.” (Source: Bloomberg)Read More
