Shares in European semiconductor companies fell after Trump mentioned new tariffs on chip imports, hitting BE Semiconductor in particular.

Shares in the semiconductor sector ended Tuesday's trading day down, weighed down by US President Donald Trump's announcement of new tariffs on chip imports. BE Semiconductor, with 18% of its revenue coming from the US, suffered the biggest fall of 2.3%. VAT Group and STMicroelectronics also fell 0.9% each. Despite those declines, European stock markets closed slightly higher, except for France's CAC 40 index, which lost 0.1%. Investors remain wary of the risks of trade protectionism.