The stock market in Europe experienced a major crash on Monday as leading economies lost billions worth of wealth. The crash on Monday is the biggest since 2020 after the Covid-19 lockdowns. This time around, the virus that is bringing the markets down is not Corona but Trump’s tariffs. The recent tariffs announced on April 2, 2025, dubbed Liberation Day are oppressing the global financial markets.

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Even the US markets, which Trump claimed to boost have not been liberated from April 2. The bloodbath has caused serious tensions among investors while the tariffs have caused major worries to world leaders. Everyone is scrambling to protect and safeguard their economies but the damage has already been done. The stock market crash in Europe could worsen as many countries across the Atlantic face double-digit tariffs.

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Stock Market Crash: Europe Pays the Price For Trump’s Tariffs

Stock Market Crash
Source: Getty Images

In the broader stock market crash in Europe, Italy plunged the most bleeding 6.9% on Monday. Sweden plummeted 6.2% while 6.1% crashed 6.1% in the trading session. France fell 6% while Spain dipped 5.7% during the same timeframe. In addition, Germany went down by 5.6%, Switzerland by 5.5%, and the United Kingdom fell by 4.6%.

Not just Europe, but even the Asian stock market faced a massive crash today. India, China, Japan, Singapore, Thailand, Malaysia, and the Philippines, among others, experienced a bloodbath. The US markets could open in the red during the NYSE opening bell as Dow Jones fell 2,200 points on Friday. The downturn is likely to continue and trillions of dollars could go down the drain.

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Also, a leading analyst claims that Trump is deliberately crashing the global markets for his benefit. Read here to know why the analyst thinks that the President is knowingly bringing the markets down. Tough days are ahead for the stock market in Europe as Monday’s crash is just the beginning.