economy
February 23, 2026
European stocks end lower as markets react to new Trump tariffs
European stocks closed lower on Monday as global markets reacted to U.S. President Donald Trump's latest global tariffs policy.
TL;DR
- European stocks fell nearly 0.5% due to reactions to U.S. President Trump's new global tariffs.
- Trump announced a new, blanket 15% global levy, effective immediately.
- JD Sports announced a £200 million share buyback, boosting its stock.
- Rolls-Royce shares dipped slightly amid reports of a potential £1.5 billion share buyback.
- Johnson Matthey's shares plummeted 16.4% after agreeing to sell its Catalyst Technologies for £1.3 billion.
- Germany's Ifo business climate survey and Italy's inflation data were released.
- U.S. stocks also fell due to tariff-related uncertainty, while Asia-Pacific markets rose.
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