**[European Investors Reduce Appetite for U.S. Stocks, Long-Term Decoupling May Begin]** Odaily Planet Daily News: Recently, despite Trump softening his tone toward Europe, Wall Street remains concerned that his hostility and disparagement toward the European continent could lead one of the largest groups of U.S. stock buyers to exit the market. In fact, there are already signs that this is happening. Vincent Mortier, Chief Investment Officer of Amundi, Europe’s largest asset management company managing €2.3 trillion ($2.7 trillion) in assets, stated: “We are seeing more and more clients looking to diversify away from U.S. stock risks. This trend began in April 2025 but has accelerated this week.” He noted that any form of "decoupling" would be a long-term and complex process. European investors hold approximately $10.4 trillion in U.S. stocks, with more than half of that held by investors from eight countries targeted by Trump’s tariff threats. Hugo Ste-Marie, a strategist at Scotiabank, pointed out that European holdings account for 49% of all U.S. stocks held by foreign investors, a significant proportion that poses a potential threat to the market. While it is unlikely that Europe will act in unison to sell off U.S. assets, as Trump’s threats and insults persist, fund managers from London to Berlin to Madrid are increasingly receiving inquiries from clients about reducing their U.S. asset exposure. (Jin10)