FX.co ★ European Stocks Fall on Thursday

European equities experienced a downturn on Thursday, marked by a 1.3% drop in the STOXX 50 and a 0.3% decrease in the STOXX 600, amid renewed trade tensions. President Donald Trump revealed plans to communicate forthcoming unilateral tariff rates to key trading partners within the next week or two, injecting fresh uncertainty into global trade relations. Meanwhile, Treasury Secretary Scott Bessent indicated that the existing 90-day suspension on reciprocal tariffs might be extended for nations demonstrating "good faith" during negotiations. In earlier developments, Trump asserted that a new trade agreement with China had been secured, though specifics remain undisclosed. In corporate news, Deutsche Telekom saw a decrease of over 3.5%, ASML fell by nearly 2%, and Inditex and Siemens reported declines of 1.7% and 1%, respectively. Additionally, significant players such as SAP, LVMH, Linde, and L'Oréal also experienced minor losses, each down approximately 0.5%, contributing to the general market weakness.