U.S. President Donald Trump arrives for a press briefing at the White House, following the Supreme Court’s ruling that Trump had exceeded his authority when he imposed tariffs, in Washington, D.C., U.S., January 20, 2026. <\/p>\n
Elizabeth Frantz | Reuters<\/p>\n
LONDON \u2014 European stocks began the week in negative territory as global markets react to U.S. President Donald Trump’s latest global tariffs policy.<\/p>\n
The pan-European Stoxx 600<\/a> was down 0.3% shortly after 8:25 a.m. in London (3:25 a.m. ET), with most sectors and major bourses trading lower.<\/p>\n European markets had ended last week higher after the U.S. Supreme Court ruled against a sizeable chunk of Trump’s “reciprocal” tariffs, but the president said over the weekend that he would now introduce a new, blanket 15% global levy<\/a>, up from 10%. <\/p>\n The new tariffs would be “effective immediately,” Trump said in a Truth Social post. He also warned Saturday that additional levies would follow.<\/p>\n “I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been “ripping” the U.S. off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level,” he wrote.<\/p>\n U.K. sports retailer JD Sports<\/a> rose to the top of the Stoxx 600, advancing almost 4% after announcing Monday it will return about \u00a3200 million ($270 million) to investors through a share buyback program.<\/p>\n Rolls-Royce<\/a> shares were down 0.6% following reports that the British aerospace and defense multinational is preparing a new \u00a31.5 billion share buyback as part of its annual earnings statement, due on Thursday. \u00a0A Rolls-Royce spokesperson declined to comment on the matter.<\/p>\n Specialist chemicals producer Johnson Matthey<\/a>‘s shares collapsed 12%, sending it to the bottom of the European index, after it agreed to reduce by a quarter the price of its Catalyst Technologies to \u00a31.3 billion, which is being acquired by Honeywell International<\/a>.<\/p>\n It’s a quiet start to the new trading week with no earnings expected on Monday. U.K. alcoholic drinks staple Diageo<\/a> and German sportswear imprint Puma<\/a> are among the European companies set to publish results later in the week.<\/p>\n On the data front, Germany’s Ifo business climate survey is released and Italy’s latest inflation data is due. <\/p>\n U.S. stock futures<\/a> fell Sunday night as the new tariffs heightened market uncertainty about the outlook for inflation and \u200bglobal growth. Asia-Pacific markets<\/a> rose overnight despite the tariff uncertainty.<\/p>\n","protected":false},"excerpt":{"rendered":"U.S. President Donald Trump arrives for a press briefing at the White House, following the Supreme Court’s ruling…\n","protected":false},"author":2,"featured_media":485508,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[116,28,122,20362,20361,223369,33422,1072,12,594,20363,62238,6797,18011,223372,223364,118227,223368,223366,223367,6801,68752,223373,112,221837,32739,12075,223371,1186,21,223370,223365,5103,6990],"class_list":{"0":"post-485507","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-breaking-news-markets","9":"tag-business","10":"tag-business-news","11":"tag-cac-40-index","12":"tag-dax","13":"tag-daxor-corp","14":"tag-diageo-plc","15":"tag-donald-j-trump","16":"tag-donald-trump","17":"tag-france","18":"tag-ftse-100","19":"tag-ftse-mib","20":"tag-germany","21":"tag-honeywell-international-inc","22":"tag-ishares-global-materials-etf","23":"tag-ishares-msci-eurozone-etf","24":"tag-ishares-msci-france-etf","25":"tag-ishares-msci-germany-etf","26":"tag-ishares-msci-italy-etf","27":"tag-ishares-msci-united-kingdom-etf","28":"tag-italy","29":"tag-jd-sports-fashion-plc","30":"tag-johnson-matthey-plc","31":"tag-markets","32":"tag-puma-biotechnology-inc","33":"tag-puma-se","34":"tag-rolls-royce-holdings-plc","35":"tag-state-street-spdr-euro-stoxx-50-etf","36":"tag-stoxx-600","37":"tag-united-states","38":"tag-vanguard-ftse-all-world-ex-us-index-fund-etf-shares","39":"tag-vanguard-ftse-europe-index-fund-etf-shares","40":"tag-world-economy","41":"tag-world-markets"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/485507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=485507"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/485507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/485508"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=485507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=485507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=485507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}