2026.02.2308:31:29UTC+00European Stocks Slip on Fresh US Tariff Uncertainty

European equities edged lower on Monday, as the Stoxx 50 slipped 0.2% to 6,117 and the broader Stoxx 600 declined 0.3% to around 628, weighed down by renewed uncertainty over US trade policy. Over the weekend, US President Donald Trump announced that the temporary tariff rate on US imports from all countries would be raised from 10% to 15%, following a US Supreme Court decision on Friday that blocked broader tariff measures.

On the corporate side, investors sifted through a flurry of earnings reports and guidance updates. Italian utility Enel was little changed after detailing plans to invest €53 billion by 2028. Dutch postal operator PostNL rose 0.6% after projecting 2026 operating earnings to be broadly in line with last year’s level. In contrast, home furnishings group Victoria PLC tumbled more than 12% after cautioning that fourth-quarter revenues would fall short of expectations.