Europe’s stock markets drop amid Trump’s tariff threats against EU, Mexico | International Trade

Major indices suffer heavy losses as EU ministers prepare to discuss response to US president’s latest trade salvo.

Europe’s stock markets have dropped sharply as investors weigh United States President Donald Trump’s latest tariff threats against the European Union and Mexico.

Major European indices suffered heavy losses on Monday as EU ministers were set to discuss their response to Trump’s plans to impose a 30 percent tariff on the bloc’s goods from August 1.

Germany’s…