European stocks dropped as US President Donald Trump ramped up his trade rhetoric and threatened blanket tariffs of 15% to 20% on most countries.

European Union negotiators are closing in on a trade deal with U.S. President Donald Trump that would cement higher tariffs than those granted to the UK, the Financial Times reported on Wednesday.

Plus, the Justice Department has subpoenaed 20 doctors and clinics involved in “performing transgender medical procedures on children.”

European Commission President Ursula von der Leyen said that there needed to be a “genuine rebalancing” in the China-Europe relationship.

By Sukriti Gupta, Sanchayaita Roy and Shashwat Chauhan (Reuters) -European shares closed lower on Friday, as losses in banks and healthcare stocks weighed at the end of a week marred by U.S. President Donald Trump's tariff announcements,

Donald Trump speaks with European Commission President Ursula von der Leyen prior to their meeting at the World Economic Forum in Davos, on January 21, 2020. Jim Watson/AFP/Getty Images.

President Donald Trump announced that he is extending the deadline for a 50% tariff on the European Union until July 9, a measure he had earlier said would go into effect on June 1. "I received a ...

The European Union braced on Friday to receive a letter from U.S. President Donald Trump, outlining planned duties on his largest trade and investment partner after a broadening of his tariff war in recent days.

As Denmark takes over the presidency of the European Union, Danes are more strongly pro-European than at any time in the past two decades – a shift in sentiment that can at least partly be attributed to US President Donald Trump.