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VisitHow will European stock prices change due to US tariff policies under a potential Trump administration by 2025?
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Market analysis reports and stock indices data
Elon Musk Backs Trump, Eyes $44 Billion Twitter Payoff in 4 Years
Oct 27, 2024, 09:05 PM
Elon Musk is reportedly supporting Donald Trump's reelection bid, with hopes that a Trump victory will help his $44 billion investment in Twitter pay off in 4 years. This speculation comes amid reports that European stocks have been negatively impacted by the potential 'Trump effect,' with a basket of 22 European stocks exposed to US tariffs compiled by Goldman Sachs tumbling 5% since late September. The former president's odds of an election victory have shortened, influencing market reactions.
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