European equity markets were poised to open sharply lower on Tuesday, as global sentiment soured following US President-elect Donald Trump's vow to raise tariffs on China, Mexico, and Canada, fueling concerns over escalating global trade tensions.
Regional markets have faced pressure since Trump's election, with fears that his administration could target European economies and companies with additional tariffs.
Meanwhile, there are no major economic or earnings reports scheduled in Europe for today. In pre-market trading, Euro Stoxx 50 and Stoxx 600 futures were both down around 0.6%.
Source: Trading Economics
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