European shares experienced an uptick on Friday but still confronted their most significant weekly decline in three months as global trade tensions heightened fears of an economic slowdown. The pan-continental STOXX 600 gained 0.4% by 0950 GMT, yet it was down nearly 2% for the week overall. Notably, the index slumped on Thursday as U.S. President Donald Trump threatened to impose a 200% tariff on European alcohol in retaliation against the EU’s levies on American whiskey.
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