European Markets Decline Amid Trump's Threat of New Auto Tariffs
European markets fell on Monday as investors reacted to U.S. President Donald Trump's threat to impose new auto tariffs on the European Union. The Stoxx 600 dropped 0.4%, with European automakers like Volkswagen and Mercedes Benz declining. The move comes despite a Supreme Court ruling that struck down parts of Trump's previous tariff agenda.
Topics: automakers European markets Middle East tensions Nokia oil prices tariffs trade tensions