European shares stagnant as investors evaluate Trump's tariff plans and global growth risks

European shares were steady as investors weighed Trump’s tariff plans and global growth risks. Trump announced higher tariffs on imports from 14 countries starting August 1. The EU is seeking exemptions from the current 10 percent U.S. tariff. Germany’s exports fell 1.4 percent in May due to U.S. demand drop. Imports also slid 3.8 percent. STOXX 600 slid 0.1 percent. In corporate news, Hansa Biopharma AB rose 1.4 percent, Basilea gained nearly 2 percent, Vallourec SA rose over 1 percent, and Victrex plunged almost 8 percent.

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