Investor confidence in the Eurozone took a sharp hit following US President Trump’s tariff announcement. Investor confidence in the Eurozone plummeted to its lowest level since October 2023 in April, following US President Donald Trump’s tariff announcements. According to a statement from Sentix, a research firm based in Frankfurt, the Eurozone Investor Confidence Index, which was at -2.9 points in March, dropped to -19.5 points this month, with a decrease of 16.7 points. Expectations for the index hitting the lowest point since October 2023 were a drop to -8.9 points. The Expectations Index, which measures investors’ outlook for the next six months, also fell from 18 to -15.8 points. It was noted that expectations reached their lowest level since October 2023. Sentix stated that “Trump’s tariff move hit Sentix economic indices globally at the bottom.” The statement pointed out that after the planned super borrowing in Germany and the Eurozone, economic hopes rose in March, as it was expected that huge investments financed by defense borrowing would boost the European economy. In April, little of those expectations remained. The announcement stated, “Trump’s announcement of tariffs on ‘Independence Day’ caused a shock wave worldwide.” Meanwhile, in Germany, the largest economy in the Eurozone, the General Investor Confidence Index dropped by 15.3 points to -27.8 points in April. The Expectations Index also decreased from 20.5 to -15.8 points. Sentix CEO, Patrick Hussy, stated in his evaluation of the situation that the “tariff shock” sparked fears of a global recession, mentioning, “By April 2025, the US economy is virtually facing a recession. It is likely that many companies that will lose sales and profits will have to lay off employees.” Trump announced new tariffs against many global trading partners on April 2nd, fueling concerns of a global economic recession. Last week, stock markets worldwide plummeted, with the downward trend continuing today. The investor confidence survey was conducted with the participation of 1,227 investors from April 3rd to 5th.