India, Feb. 27 -- European stocks may drift lower on Thursday after U.S. President Donald Trump accused the European Union of cheating the United States, sparking tensions and threats of new tariffs.
The European Commission shot back that the European Union is "the world's largest free market" and has been "a boon for the United States".
In another development, Russia has accused the European Union of trying to block a peace deal for the Ukraine war.
A planned meeting between European Union foreign policy chief Kaja Kallas and U.S. Secretary of State Marco Rubio was abruptly cancelled Wednesday due to "scheduling issues."
It "seems that the Trump administration doesn't miss a chance to show that for them the EU is not a player," an EU d...