India, June 30 -- European stocks closed weak on Monday after a cautious session amid uncertainty about U.S. government's tariffs as the July 9 deadline nears.
The mood remained cautious following U.S. President Donald Trump's remarks that he is not looking to extend the pause on tariffs on most countries beyond the previously announced July 9 deadline.
Trump expressed confidence that agreements would be reached in time to avoid higher tariffs.
While discussions with Japan continue, Canada moved to calm tensions after reversing its decision to impose a Digital Service Tax (DST) on American technology companies. Trump characterized trade in cars between the U.S. and Japan as unfair and floated the idea of keeping 25% tariffs on autos in p...