Europe stocks trade lower as trade fears linger; Brexit talks collapse; Thomas Cook shares down 29%

U.S. President Donald Trump's bid to blacklist Huawei has further intensified trade tensions, while the Chinese ruling Communist Party's newspaper has insisted the trade war will only make China stronger. The morning's biggest loser was British tour operator Thomas Cook, which saw its shares plummet 30% by mid-morning, hitting their lowest since July 2012 and on track for the biggest one-day drop since November 2011. European stocks traded lower Friday as trade fears ratcheted up, amid the U.S. administration's bid to blacklist Chinese telecoms giant Huawei and the ruling Chinese Communist Party's newspaper striking a defiant tone.