European markets close weak on tariff jitters, geopolitical concerns

NAMPA / DPA

2025-06-02

Frankfurt (dpa-AFX) - European stocks closed weak on Monday as rising trade tensions due to China and the US accusing each other of violating trade agreement, and the Trump administration's announcement that it would double tariffs on steel and aluminum imports to 50% from June 4th. Lingering concerns about the Ukraine conflict weighed on sentiment as well. Investors also digested regional economic data, and looked ahead to some crucial economic......

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Economy

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