could be a step towards a trade war t w correspondent reporting from brussels care thank you the stock market reaction to the news from washington has been overwhelmingly negative the dow dropped one point seven percent yesterday japan s nikkei down more than two percent this morning let s cross over to our correspondent in frankfurt daniel cole put daniel the picture or the mood rather on european trading floors is also rather sour. yeah very bad mood here at the trading floor even though at this point it s not even clear how for example european companies could f.t. and stuff for their reaction here at the frankfurt stock exchange is even worse than expected the blue chip index dax for the first time since august fell under the magical power mark off twelve thousand points losing more than two hundred and fifty point this is a big issue we have to remember that in january investors celebrated here