
Almost all major European indexes remained in the red on Monday afternoon after China said the US "severely violated" the terms of their recent trade agreement. Market participants also considered the impact of US President Donald Trump's plan to double current tariffs on steel and aluminium from 25% to 50% from this Wednesday.
At the time of writing (16:40 CEST), the EURO STOXX 50 was down 0.43%, Germany's DAX fell 0.47%, while France's CAC 40 declined 0.45%.