European stock markets closed in negative territory on Monday as global investors reacted to the latest tariff policy announcement by U.S. President Donald Trump.
The pan-European STOXX Europe 600 ended the session down approximately 0.5%, with most major regional exchanges also finishing lower.
European equities had ended last week on a stronger note after the Supreme Court of the United States ruled against a significant portion of Trump’s previously imposed “reciprocal” tariffs.
However, over the weekend, President Trump announced plans to introduce a new sweeping global tariff of 15%, up from the previous 10% rate.
In a post on the social media platform Truth Social, he stated that the new tariffs would take effect “immediately,” warning that additional duties could follow.
“I, as President of the United States, will be effective immediately, raising the global tariff from 10% to the fully permitted and legally tested level of 15%,” Trump wrote, arguing that many countries had taken advantage of the United States for decades.
The renewed trade tensions weighed heavily on investor sentiment, as markets assessed the potential economic fallout from escalating tariff measures.
Analysts cautioned that further retaliatory actions by affected countries could intensify volatility in global markets in the coming days.
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