European shares experienced a dip on Friday. This happened because the U.S. president expanded his trade war. New tariffs impacted countries like Canada. Investors awaited news on potential tariffs for the European Union. Donald Trump hinted at tariff rates for the EU. He also announced a 35% tariff on Canadian imports. Britain’s economy unexpectedly contracted in May.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets