European leaders warned on Monday that U.S. President Donald Trump's threat to expand tariffs to the EU risked igniting a trade war that would harm consumers on both sides of the Atlantic.

European leaders warned on Monday that U.S. President Donald Trump's threat to expand tariffs to the EU risked setting off a trade war that would cause economic harm on both sides of the Atlantic. European Union foreign policy chief Kaja Kallas said if the U.

European stocks tumbled Monday on the back of sharp falls on Asian bourses overnight as fears of a global trade war escalated after the European Union said it would respond in kind if the United States imposed tariffs.

German stocks dropped sharply after opening on Monday amid fears of a trade war with the United States. The DAX, Germany's top stock market index, fell by 1.99% to 21,299 points from a record high of 21,

Stock markets around the fell as President Trump imposed tariffs on key trading partners, Canada, Mexico and China