Amid growing unease with U.S. trade policies under President Trump, European investors are shifting their investment portfolios, including gold holdings, to secure their capital amidst increased market volatility. Euronext CEO Stephane Boujnah highlighted the shift as a direct consequence of uncertainty created by fluctuating tariffs and regulations in the US market. This trend is evident through significant flows, with European equity ETFs receiving €14.6 billion while the U.S. saw an outflow of €2.85 billion. Notably, the impact of these changes on the stock market has been substantial, estimated at $10 trillion, a figure reflecting the severity of trade-related disruptions in recent years. )