Spain's main stock index IBEX 35 fell 1.98% on Wednesday after U.S. President Donald Trump criticized Madrid at the NATO summit in Ankara.
AI will summarize what happened, why it matters and what it means for business.
Spain's IBEX 35 index fell 1.98% to 19,250.71 points on Wednesday. Before Trump's remarks, the index was down 1.2%.
Trump said at the NATO summit in Ankara that the United States no longer wants to do business with Spain, calling it a "terrible partner" in the alliance.
Trump also verbally instructed U.S. Treasury Secretary Scott Bessent to halt trade with Spain.
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Donald Trump at the NATO summit in Ankara said the U.S. no longer wants to trade with Spain, calling it a 'terrible partner'
Trump verbally instructed U.S. Treasury Secretary Scott Bessent to halt trade with Spain
IBEX 35 was down 1.2%
After Trump's remarks, IBEX 35 fell 1.98% to 19,250.71 points