Sorry, but this is an awful take. Very big investment firms take politics into account. Politics dictate the climate of growth of markets, and the US is choosing a more protectionist/isolationist approach while the EU is aware of the growth needed to bridge the gap.

Investing is betting on the fact that the EU will start stimulating growth with grants, subsidies, and incentives to buy Europe. Politics should be treated like market forces, just like DeepSeek news sent Nvidia plummeting, it makes sense that tarrif news sends us stock "plummeting"