Stock markets in London, Paris, and Berlin fell on Thursday following U.S. President Donald Trump’s announcement of sweeping tariffs. The UK has been hit with a baseline 10% while the EU has been hit with 20%.

Volkswagen and BMW have reported booming sales in the United States as Donald Trump is set to announce a new wave of US tariffs on non-American goods.

Marine Le Pen, leader of the National Rally party, was recently convicted by a French court of embezzling European Union funds, resulting in a five-year ban from holding public office. This ruling marks a significant setback for her political career and her ambitions for the presidency.

Marine Le Pen has received an immediate five-year ban from public office after being found guilty of misappropriating €3 million in EU funds by a French court.

Marine Le Pen faces a five-year ban from public office following her conviction for embezzlement, alongside other members of her National Rally party.

The US President suggested his next round of tariff announcements, expected on Wednesday, will hit all countries, rather than just those who sell more goods to the US than they buy.