European stock markets fall as U.S. tariff risks loom

European equities turned red as investors began taking on board the risk of U.S. tariffs being snapped back on again.

The Stoxx Europe 600 index fell by 0.5%. Regionally, while the U.K.’s FTSE 100

 was flat, France’s CAC 40 and Germany’s DAX ended 0.8% and 0.6% lower, respectively.

The British pound also gave up some of the gains from earlier in the session as one Bank of England official called for a more aggressive schedule of interest rate cuts this year.