(Reuters) -European stocks dipped on Tuesday on renewed worries about a U.S.-China trade war and as Michelin’s shares slid to a more than two-year low after the French tyre maker cut its annual forecast.

The pan-European STOXX 600 index was down 0.6% as of 0718 GMT, hitting a near two-week low following a short-lived bounce on Monday.

Global stocks sold off sharply on Friday after U.S. President Donald Trump threatened to impose additional 100% tariffs on Chinese goods over Beijing’s rare earths export controls. While Trump struck a more conciliatory tone over the weekend, both the countries on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil.

Miners fell the most among European sectors, down 2%.

Automakers dropped

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