Key Highlights
- Luxury fashion retailer Loius Vuitton was among the top losers in the STOXX 600 index as it shed over 4%.
- US President Donald Trump threatened to impose fresh tariffs on several European nations over their opposition to allow United States to buy Greenland.
- Trump said he would impose an additional 10% tariff starting February 1 on goods from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and Britain.
- This will rise to 25% on June 1 if no deal is reached, he said, casting a doubt on deals reached earlier and raising trade tensions.
- "Tariff threats undermine transatlantic relations and risk a dangerous downward spiral," the eight countries warned in a joint statement on Sunday.
