India, June 2 -- European stocks were broadly lower on Monday as U.S. President Donald Trump's decision to double tariffs on steel and aluminum imports along with rising Sino-U.S. tensions threatened to rekindle global trade tensions.
In economic releases, the downturn in euro zone manufacturing eased further in May, with the corresponding PMI rising to 49.40 from 49 points in April.Also, the downturn in British manufacturing was less steep than first feared in the month.
Elsewhere, U.K. house prices grew 0.5 percent on a monthly basis in May, in contrast to the 0.6 percent fall in April, according to data from Nationwide Building Society. Prices were expected to remain flat.
The pan European STOXX 600 was marginally lower at 548.21 afte...