11 Oct 2025 | 5 Mins Read

Trump tariffs knock European stocks lower

Flipitmoney

European shares plunged 1.2% weekly, erasing gains, after Trump's trade war threats renewed fears of tariffs on China. AUTO stocks led the decline with over a 9% weekly loss. Utilities topped weekly gainers, while French blue chips fell 2% due to political gridlock concerns. Energy stocks dropped as oil prices reached multi-month lows following an Israel-Hamas peace agreement.