Stoxx 600, FTSE, DAX, CAC, Trump tariffs latest

LONDON — European stocks fell on Tuesday as investors assess the new global trading landscape after U.S. President Donald Trump’s latest tariff move.

Shortly after the opening bell, the pan-European Stoxx 600 was 0.3% lower, with all major regional bourses in negative territory.

Regional stocks closed lower on Monday as global markets reacted to Trump’s decision to introduce a new, blanket 15% global levy on imports to the U.S.

European officials expressed concern over the action, signaling that it could pose a threat to its trade deals with the U.S. Later, the European Parliament announced Monday that it has paused work on ratifying the U.S.-EU trade deal agreed last summer.

U.S. markets also felt the heat from the tariff move, with equities tumbling Monday as investors grappled with the new trade policy, as well as persistent fears around AI disruptions to industry.

Trump continued to assert his ability to increase tariffs on Monday, warning of higher duties for countries that want to “play games” after the Supreme Court struck down his “reciprocal” tariffs last week.

Trump said at the weekend that the new 15% duty would go into effect immediately, though it was unclear whether any official documents had been signed outlining the timing. He also said that additional levies would be coming in the next few months.

In corporate news, British lender Standard Chartered published its full-year earnings on Tuesday, and although pre-tax profit jumped 16% year-on-year, it came in at a weaker-than-expected $6.96 billion. Net interest income rose 1% from the previous year to $11.2 billion, beating a consensus estimate compiled by LSEG.

The bank said that in 2026, it expects reported operating income to be at the bottom end of its 5% to 7% growth forecast. In 2025, operating income jumped 6% year-on-year to $20.9 billion, in line with estimates.

Shares were last seen 0.8% lower.

— CNBC’s Sean Conlon and Sarah Min contributed to this market report.