European equities experienced a significant decline on Monday, following a downturn in Asian markets. The incident was triggered by US President Donald Trump`s refusal to retract his proposal of extensive tariffs after China enacted retaliatory measures. Many experts believe that this intensifying trade conflict has the potential to lead to a worldwide economic downturn.

Source: https://www.france24.com/en/europe/20250407-european-stocks-extend-slump-as-china-retaliates-to-trump-tariffs