Ramallah: European stock indices fell at the start of trading on Tuesday as investors assessed the new economic landscape following the implementation of the new global tariffs imposed by US President Donald Trump. The Stoxx 600 index declined 0.2 percent to 630 points. Germany's DAX fell 0.1 percent, France's CAC 40 dropped 0.2 percent, and the UK's FTSE 100 fell 0.2 percent. The banking index in the eurozone and across Europe recorded a decline of more than 1.6 percent.

According to Qatar News Agency, the new 10 percent global tariffs imposed by Trump came into effect after the US Supreme Court overturned most previous duties, before the White House announced its intention to raise the rate to 15 percent. Trump decided on this move over the weekend, emphasizing that he is not required to return to Congress to approve these tariffs.