A specialist trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 15, 2025. <\/p>\n
Brendan McDermid | Reuters<\/p>\n
LONDON \u2014 European stocks are expected to open in mixed territory on Tuesday as investors keep an eye on U.S. President Donald Trump’s trade tariffs and more political deadlock in the U.S.<\/p>\n
The U.K.’s FTSE<\/a> and France’s CAC 40<\/a> indexes are expected to open a touch lower on Tuesday morning, while Germany’s DAX<\/a> is expected to open up 0.4%, and Italy’s FTSE MIB<\/a> 0.13% higher, according to data from IG.<\/p>\n European markets will be keeping an eye on the tariff landscape this week<\/a> after Trump said Monday that\u00a0he would impose a 10% tariff on imported timber and\u00a0lumber\u00a0and an initial 25% duty on imported kitchen cabinets, bathroom vanities and upholstered furniture, before the tariff rate rises next year. \u00a0Trump said such imports were threatening the U.S. economy and eroding national security.\u00a0<\/p>\n A potential federal government shutdown will also be closely followed by global markets this week after top Democrats and Republicans met with Trump at the White House on Monday.<\/p>\n After the meeting, Vice President JD Vance\u00a0said, “I think we’re headed to a shutdown <\/a>because the Democrats won’t do the right thing.”<\/p>\n Although shutdowns aren’t usually market-moving events,\u00a0this time could be different<\/a>\u00a0as investors are already wary about a slowing labor market, the risk of stagflation and elevated stock valuations.<\/p>\n A shutdown could also\u00a0prompt rating agencies<\/a>\u00a0to rethink the status of U.S. credit, which was downgraded in May by Moody’s.<\/p>\n In other news, the U.K.’s Labour Party continues its annual conference in Liverpool on Tuesday with Prime Minister Keir Starmer set to address delegates later today. Finance Minister Rachel Reeves’\u00a0conference speech\u00a0on Monday afternoon saw her give few clues away as to her plans for the Autumn Budget<\/a>, in which she is expected to announce tax rises.<\/p>\n U.S. stock futures<\/a> were little changed overnight as investors looked to close out an unusually strong September by building on Monday’s momentum.<\/p>\n Meanwhile, Asia-Pacific markets<\/a> traded mixed as official Chinese data showed\u00a0manufacturing activity<\/a>\u00a0contracted for a sixth straight month.<\/p>\n \u2014 CNBC’s Pia Singh contributed to this market report.<\/p>\n","protected":false},"excerpt":{"rendered":"A specialist trader works on the floor at the New York Stock Exchange (NYSE) in New York City,…\n","protected":false},"author":2,"featured_media":179413,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[45,161,49,11852,48,11853,1377,1376,637,42397,47515,10816,4996,71274,100,772,15448,2163],"class_list":["post-179412","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-business-news","tag-ca","tag-cac-40-index","tag-canada","tag-dax","tag-donald-j-trump","tag-donald-trump","tag-france","tag-ftse-100","tag-ftse-mib","tag-germany","tag-italy","tag-j-d-vance","tag-markets","tag-united-states","tag-world-economy","tag-world-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/179412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=179412"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/179412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/179413"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=179412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=179412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=179412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}