According to Bloomberg, the main Stoxx 600 index fell by 0.4%, with the automotive sector, which is particularly dependent on international trade, suffering the most.
US President Donald Trump announced the possible imposition of 25% duties on European goods, which caused uncertainty among investors, experts say. It is unclear exactly which products or countries will be affected, which has increased caution in the markets.
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At the same time, the companies published their financial results. Rolls-Royce performed well, and its shares rose by 16%, while WPP disappointed investors, and its shares fell by 17%. The situation was more positive in the American markets: futures for the S&P 500 and Nasdaq indexes rose, while Nvidia shares remained stable.
The dollar strengthened, and the Japanese yen showed the biggest drop. Bitcoin rose slightly to 86,000 after falling below $84,000 overnight, while oil prices remained low, reflecting concerns about a slowdown in the global economy.
