India, Aug. 8 -- European stocks were mixed on Friday after the Trump administration's higher tariff rates on trading partners took effect from midnight and Moscow confirmed Russian President Vladimir Putin and U.S. President Donald Trump are preparing to meet in the coming days, raising hopes of a ceasefire in the Ukraine war.

In economic news, France's unemployment rate held steady as expected in the June quarter, the statistical office INSEE said.

The jobless rate stood at 7.5 percent in the second quarter, the same as in the previous quarter. The number of unemployed increased by 29,000 compared to the March quarter, to 2.4 million.

The pan-European STOXX 600 was up 0.1 percent after rising 0.9 percent in the previous session. France...