European markets set to open mixed amid fresh U.S. tariff threats

European stocks poised for mixed open

Good morning from a very gray London.

Europe-listed shares look set for a mixed open today. Futures tied to the regional Stoxx 50 were last seen trading 0.1% higher, while those tied to London's FTSE 100 and the German DAX were last 0.2% lower and 0.2% higher, respectively.

Futures tied to France's CAC 40 are around 0.3% lower this morning.

Trump threatens extra 10% tariff on countries that align with ‘Anti-American’ BRICS policies

U.S. President Donald Trumphas threatened an additional 10% tariff on countries that orient themselves along the “Anti-American policies of BRICS.”

Trump's announcement, which did not elaborate on any specific policy of BRICS, came as the group's meeting is underway in Rio de Janeiro, Brazil.

The bloc's leaders took aim at Trump's sweeping tariff policies in a joint statement dated July 6, warning against “unjustified unilateral protectionist measures, including the indiscriminate increase of reciprocal tariffs.”