Investor confidence in the Eurozone took a sharp hit following President Trump’s tariff announcement in the United States. After President Donald Trump’s tariff statements in April, investor confidence in the Eurozone dropped to its lowest level since October 2023. According to a statement from Sentix, a research company based in Frankfurt that monitors the markets, the Eurozone Investor Confidence Index, which was -2.9 points in March, fell to -19.5 points this month, marking a decline of 16.7 points. Expectations for the index hitting -8.9 points were surpassed with the lowest level recorded since October 2023. The Expectations Index, which measures investors’ outlook for the next six months, dropped from 18 points to -15.8 points. This decrease marked the lowest level for expectations since October 2023. Sentix’s statement highlighted that “Trump’s tariff move sent Sentix’s economic indices tumbling globally.” The statement also mentioned that after Germany and the Eurozone had plans for super borrowing in March which raised economic hopes, there was not much left from those expectations in April. The massive investments financed by borrowing for defense equipment were expected to revive the European economy, but after Trump’s announcement on ‘Independence Day,’ the tariff shock created a wave of shock worldwide. Meanwhile, in Germany, which has the largest economy in the Eurozone, the Investor Confidence Index dropped to -27.8 points in April with a decline of 15.3 points. The Expectations Index also fell from 20.5 points to -15.8 points. Sentix CEO Patrick Hussy noted that the “tariff shock” fueled global recession fears, stating that the US economy is now practically facing a recession as of April 2025. He also mentioned that many companies expected to lose sales and profits would likely have to lay off employees. On April 2, Trump announced new tariffs against many global trade partners, intensifying concerns about recession in the global economy. Last week, stock markets collapsed worldwide, and the downward trend continued today. The investor confidence survey was conducted from April 3-5 with the participation of 1,227 investors.