European stocks to start the week lower as markets react to new Trump tariffs

Core Viewpoint - European stocks are anticipated to open lower due to the impact of U.S. President Donald Trump's new global tariffs policy, which has raised concerns about inflation and global growth [1][4]. Group 1: Market Reactions - The U.K.'s FTSE index is projected to open 0.2% lower, Germany's DAX down 0.7%, France's CAC 40 down 0.4%, and Italy's FTSE MIB down 0.45% [2]. - European markets had previously ended the last week higher following a Supreme Court ruling against a significant portion of Trump's tariffs, but the announcement of a new 15% global levy has reversed this trend [2]. Group 2: Tariff Details - Trump announced a new blanket global tariff of 15%, an increase from the previous 10%, stating that it would be "effective immediately" [3]. - The President indicated that further levies could be introduced in the future, emphasizing the need for retribution against countries he claims have been taking advantage of the U.S. [3]. Group 3: Stock Market Impact - U.S. stock futures declined as the new tariffs contributed to market uncertainty regarding inflation and global economic growth [4]. - In contrast, Asia-Pacific markets experienced gains despite the uncertainty surrounding the tariffs [4].