European Stocks Decline Amid U.S. Tariff Threats on French Goods

On January 20, European stock markets opened with significant declines. According to BlockBeats, the French CAC40 index fell by 0.5% following U.S. President Donald Trump's threat to impose a 200% tariff on French wine and champagne. The Euro Stoxx 50 index decreased by 0.59%, the German DAX index dropped by 0.68%, the UK's FTSE 100 index declined by 0.67%, and Italy's FTSE MIB index fell by 0.6%.