European stocks head for lower open, with EU tariff letter expected from White House
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 11 2025
0mins
Source: CNBC
Market Performance: The pan-European Stoxx 600 index experienced a fourth consecutive daily gain, but futures indicate a negative opening for major European markets on Friday.
Tariff Developments: President Trump announced a 35% tariff increase on Canadian imports starting August 1 and hinted at upcoming tariffs on the European Union, with details expected to be released shortly.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
