Investor confidence in EU drops after Trump’s Brussels trade deal

Investor confidence(n)

Investor confidence in the EU has fallen sharply after Donald Trump's trade agreement with Brussels

amid

in the middle of

mounting concern(n)

increasing or growing anxiety

tariff war(n)

the economic hit from the US president's tariff war.

snapshot

The latest snapshot from the Sentix index showed that investor sentiment fell significantly at the start of the month

deepen

The wrinkles of concern in the economy are deepening again.

brace for sth

Financial markets are braced for Washington to introduce sweeping

import

to bring a product into a country to be sold

export

send (goods or services) to another country for sale.

grapple with sth

nations around the world continue to grapple with the fallout from Trump's erratic global trade war.

tangled negotiations(n)

intricate conversation

lock in talks with

Washington remains locked in talks with several countries.

top up

A tariff of 40% on US imports from Brazil will begin on Wednesday, and will be topped up to 50% from Thursday.

pushing for sth

Canada is pushing for a deal to bring down tariffs of 35% on its exports

condemnation(n)

The US-EU trade deal drew swift condemnation from some European leaders

impose(v)

The agreement involves Washington imposing a 15% tariff on almost all European exports to the US, about triple the 4.8% tariff now in force.