European stock markets closed lower on Monday due to trade tensions, following Donald Trump's announcement regarding the increase of tariffs on EU cars.
Lara Maior
Economy
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European stock markets recorded declines on Monday, influenced by rising trade and geopolitical tensions. The announcement by American President Donald Trump, who stated that he intends to raise tariffs on automobile imports from the European Union to 25%, has generated concerns among investors. This measure could significantly affect the already vulnerable European automotive industry in the current context. The declines were felt in the stock markets, reflecting a negative reaction to trade uncertainties and possible economic repercussions. Investors remain on alert, monitoring developments in international trade relations, especially between the United States and the European Union.
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