India, March 31 -- European stocks closed on a weak note on Monday after languishing in the red right through the day's session amid rising fears of a global trade war.
Selling was widespread in most of the markets across the region as investors awaited the U.S. President's fresh tariff announcement, and the impending implementation of the already announced duties this week.
U.S. President Donald Trump said in an interview on Sunday that he will likely impose duties on "essentially all" of the U.S.'s trading partners.
Including a 25% levy on "all cars that are not made in the United States," several tariffs are set to take effect this week. The U.S. President is also expected to announce his plan for reciprocal tariffs.
British Prime Mi...