European Stocks Edge Lower as Autos Decline on Tariff Hangover

European stocks retreated as lingering concerns that higher levies would crimp corporate earnings replaced optimism around a US trade deal.

The Stoxx Europe 600 Index fell 0.2% by the close, after initially rallying as much as 0.9% as the US and the European Union made a tariff agreement that will see the bloc face 15% tariffs on most of its exports, including autos.