European markets close weak on tariff, Middle East conflict tensions

NAMPA / DPA

2026-05-04

Frankfurt (dpa/AFX) - European stocks closed mostly weak on Monday as Middle East tensions and fresh tariff threats by U.S. President Donald Trump weighed on investor sentiment. The US President announced on Monday that he might raise tariffs on European cars and trucks, saying the European Union had failed to fully comply with a trade agreement negotiated with the US. Iran's navy reportedly said that it has prevented US ships entering the Strait......

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