European stocks close notably lower on trade war fears

NAMPA / DPA

2025-02-03

Frankfurt (dpa-AFX) - European stocks closed notably lower on Monday, as the imposition of punitive tariffs by US President Donald Trump on Canada, Mexico and China and his warning that the European Union and the UK could be the next target for the levies triggered a sell-off across the board. The Trump administration's 25% tariffs on Canada and Mexico came into force on Saturday (February 1). Canadian energy faces a 10% tariff as do Chinese good......

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