Jornal de Brasília

European bags closed the first June session without a clear direction, in a cautious scenario, after US President Donald Trump announced new tariffs on steel, which reignited global commercial tensions. In London, the FTSE 100 rose discreetly 0.02%, to 8,774.26 points. The DAX in Frankfurt fell 0.28%, to 23,930.67 points, and the CAC 40 in Paris dropped 0.19%, to 7,737.20 points. In Milan, the FTSE MIB fell 0.26%, to 39,984.15 points. Meanwhile, the Ibex 35 in Madrid rose 0.36%, to 14,202.80 points, and the PSI 20 in Lisbon gained 0.50%, to 7,425.73 points. Preliminary data showed. Steelmakers like ArcelorMittal (-0.15%) fell, pressured by Trump's announcement to double tariffs on steel and aluminum from 25% to 50%. The automotive sector was also affected: Stellantis, traded in Milan, fell 4.96%, while Mercedes-Benz (-2.68%), BMW (-2.43%), and Volkswagen (-1.95%) closed lower. Luxury companies, traditionally strong exporters, such as Hermès lost 1.36%. The European markets were cautious after the US announced an increase in metal commodity tariffs. Tensions escalated further with American statements on Taiwan's defense, which prompted a firm response from China. Beijing denied any violation of agreements. Now, investors are focusing on the meeting between European Union commercial representatives and Washington, scheduled for Thursday, the same day the European Central Bank will release its interest rate decision. On the macroeconomic front, the UK's industrial PMI surprised positively, while the eurozone's index confirmed expectations and Germany's disappointed the market. jornaldebrasilia.com.br/noticias/mundo/bolsas-da-europa-fecham-sem-direcao-unica-com-tarifas-de-trump-e-temor-de-retaliacao-da-ue