Milan Stock Exchange Closes Down 3.41% Amid US Tariff Fears, €367 Billion Lost

The Milan stock exchange closed down 3.41% on March 4, 2025, amid growing fears regarding new tariffs imposed by the United States on imports from Canada, Mexico, and China. This decline reflects a broader trend across European markets, which collectively lost approximately €367 billion in capitalization. The Milan bourse alone saw a reduction of about €31.61 billion. The downturn in stock prices is attributed to investor concerns over the economic implications of these tariffs, which have sparked significant volatility in financial markets across the continent.