Analysts said the muted market response was because many investors expected the levies to settle at lower levels after negotiations.

By Sanchayaita Roy, Sukriti Gupta and Shashwat Chauhan (Reuters) -European shares ended slightly lower on Monday, with tariff-sensitive auto stocks down after U.S. President Donald Trump's latest threat to impose steep tariffs on the European Union,

Stocks were mixed in early trading on Monday after President Donald Trump over the weekend issued 30% tariffs on the European Union and Mexico, rekindling tensions with two of the largest U.S. trade partners and threatening to raise consumer prices.