European shares fall as investors assess uncertainty surrounding US trade deal negotiations

European shares fell on Friday as investors assessed the uncertainty surrounding trade deals with the United States, which are approaching the July 9 deadline.

The pan-European STOXX 600 index fell 0.4% to 541.61 points by 07:04 GMT, putting it on track for a weekly decline, while other major indices in the region also declined.

With the 90-day suspension of Trump’s high tariffs set to expire next week, investors have taken a cautious stance as several major trading partners, including the European Union, have yet to reach trade deals.