07:36 AM EDT, 07/14/2025 (MT Newswires) -- European bourses tracked moderately lower midday Monday, after US President Donald Trump signaled in a weekend social media post he plans to apply 30% tariffs on European imports.

Food and property stocks led gainers, while tech and retail issues lagged.

Investors also eyed Wall Street futures in the red, and uneven closes overnight on Asian exchanges.

In economic news, the European Union's (EU) trade chief Maros Sefcovic warned cross-Atlantic trade could become "almost impossible" if Trump's 30% tariff is implemented in August as planned, reported Newsweek.

The pan-continental Stoxx Europe 600 Index was off 0.3% mid-session.

The Stoxx Europe 600 Technology Index was down 1.2%, but the Stoxx 600 Banks Index was steady.

The Stoxx Europe 600 Oil and Gas Index was flat, but Stoxx 600 Europe Food and Beverage Index rose 0.3%.

The REITE, a European REIT index, rose 0.3%, while the Stoxx Europe 600 Retail Index was down 1.5%.

On the national market indexes, Germany's DAX was down 1%, but the FTSE 100 in London rose 0.4%. The CAC 40 in Paris was off 0.5%, and Spain's IBEX 35 eased 0.3%.

Yields on benchmark 10-year German bonds were stable, near 2.73%.

Front-month North Sea Brent crude-oil futures were up 1.4% at $71.32 a barrel.

The Euro Stoxx 50 volatility index was up 7.4% to 18.32, but still 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.