European markets close lower amid tariff threat; Aston Martin shares down 5.5% after profit warning

This was CNBC's live blog covering European markets.

European markets closed lower Wednesday as investors continued to assess the potential impact of President-elect Donald Trump's plans to hike tariffs and fresh U.S. inflation data.

The pan-European Stoxx 600 index closed down 0.2%, with all sectors in negative territory apart from telecoms, food and beverage, utilities and financial services.

Shares of Easyjet were up 1.5% at the open but later pared gains after the budget airline posted a 25% rise in full-year operating profit. The stock closed the day down 0.4%.

Shares of Just Eat Takeaway were 2.4% lower after the company announced it would delist from the London Stock Exchange next month.

Meanwhile, shares of Aston Martin fell 5.5% after the luxury carmaker issued another profit warning.

Global markets have traded mixed since Trump said Monday that one of his first acts in office would be to impose an additional 10% tariff on all Chinese goods entering the U.S., and threatened a 25% tariff on products from Mexico and Canada, ending a regional free trade agreement.

Economists have warned of the potential inflationary impact of Trump's fiscal plan, which could see the U.S. Federal Reserve cutting interest rates at a slower pace.

Overnight, Asia-Pacific markets were mixed Wednesday, following gains on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average reach new intraday and closing records.

U.S. stocks were moved lower Wednesday as traders digested the release of the Fed's favorite inflation gauge, which showed inflation rose 2.3% annually in October.

European markets closed lower Wednesday as investors continued to assess the potential impact of President-elect Donald Trump's plans to hike tariffs and