Investors in the riskiest companies across the European Union barely flinched after Donald Trump threatened to reignite a brutal trade war with the region.
The US president on Friday threatened to impose a 50% tariff on EU goods starting June 1 after complaining the bloc was slow-walking negotiations and unfairly targeting US companies with lawsuits and regulations.
The Friday announcement triggered an immediate drop in the Bloomberg Pan-European High Yield index, setting it back to levels last seen on May 12, but no new European companies dropped into distress in the week ended May 23, according to the
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