India, July 8 -- European shares were little changed on Tuesday as investors weighed U.S. President Donald Trump's tariff plans and global growth risks.

Trump on Monday announced plans to impose significantly higher tariffs on imports from 14 countries starting August 1. Originally set for July 9, the deadline has now been extended to August 1.

The EU is reportedly seeking exemptions from the baseline 10 percent U.S. tariff currently in place.

In economic releases, Germany's exports declined for the second straight month in May due to the sharp fall in demand from the U.S. amid tariff threats, data from Destatis revealed earlier today.

Exports decreased by more-than-expected 1.4 percent on a monthly basis in May, following April's 1.6 p...