07:43 AM EDT, 07/08/2025 (MT Newswires) -- European bourses tracked marginally lower midday Tuesday after Washington announced a slate of import tariffs on 14 trading partners, including 25% levies on Japan and South Korea, effective August 1 unless negotiated deals are reached in the interim.

Bank stocks led on the upside, while property issues lagged on continental trading floors.

Investors also eyed muted Wall Street futures, but generally higher closes overnight on Asian exchanges.

In other news, European Commission President Ursula von der Leyen criticized China during an address to the European Parliament.

"But we also know that China's unyielding support for Russia is creating heightened instability and insecurity here in Europe. We can say that China is de-facto enabling Russia's war economy. We cannot accept this," said the EU President.

The pan-continental Stoxx Europe 600 Index was off 0.1% mid-session.

The Stoxx Europe 600 Technology Index was up 0.2%, and the Stoxx 600 Banks Index gained 0.8%.

The Stoxx Europe 600 Oil and Gas Index was up 0.3%, but the Stoxx 600 Europe Food and Beverage Index fell 0.3%.

The REITE, a European REIT index, fell 1.3%, while the Stoxx Europe 600 Retail Index gained 0.4%.

On the national market indexes, Germany's DAX was up 0.4%, and the FTSE 100 in London rose 0.2%. The CAC 40 in Paris was off 0.1%, and Spain's IBEX 35 lifted 0.2%.

Yields on benchmark 10-year German bonds were higher, near 2.65%.

Front-month North Sea Brent crude oil futures were off 0.1% at $69.52 a barrel.

The Euro Stoxx 50 volatility index was down 4.5% to 17.62, indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.