Global shares retreated on Tuesday as concerns arose following President-elect Donald Trump's announcement of plans to impose new tariffs on Mexico, Canada, and China upon taking office. This news led to a decline in stock markets across Europe and Asia.
In early trading, France's CAC 40 dropped by 0.9% to 7,195.07, while Germany's DAX slipped 0.6% to 19,288.75. Britain's FTSE 100 also shed 0.5% to 8,253.24. Meanwhile, in Asia, Japan's Nikkei 225 fell by 0.9% to close at 38,442.00, Australia's S&P/ASX 200 lost 0.7% to 8,359.40, and South Korea's Kospi dipped 0.6% to 2,520.36.
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