Europe stocks head for further declines after worst session in eight months as tariff turmoil continues

Impact of U.S. Tariffs on European Markets: European stock markets are expected to open lower due to the recent announcement of U.S. tariffs, which have caused significant declines in sectors like retail and banking, with fears of a global trade war escalating.

Economic Forecasts and Responses: Economists are revising growth forecasts for several countries affected by the tariffs, while the EU is preparing countermeasures against the U.S., highlighting the potential for a broader economic slowdown and geopolitical tensions.