European stocks seen lower as traders watch US-China trade developments

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European shares are set to open lower on Monday, with investors keeping a close watch for developments on the U.S.-China trade front.

Britain's FTSE 100 was seen 2 points lower at 7,338, while Germany's DAX was seen falling 37 points to 12,430 and France's CAC down 11 points at 5,673, according to IG index data.

Washington and Beijing have slapped tariffs on billions of dollars' worth of each other's goods since the start of an intense trade dispute which began last year.

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