Investing.com - European stock markets rose Monday, starting the new week on a positive note as investors digest more Ukraine peace talks as well as the potential for less severe trade tariffs under U.S. President Donald Trump.At 04:05 ET (08:05 GMT), the DAX index in Germany climbed 0.8%, the CAC 40 in France gained 0.8% and the FTSE 100 in the UK rose 0.4%. Targeted trade tariffs European equity indices have started the new week higher on reports that President Trump is planning a narrower, more targeted agenda for increased trade tariffs at the start of the new month.Trump is now expected to not impose industry-specific tariffs next week, and will instead apply reciprocal duties only on a targeted set of countries that account for a bulk of the U.S.’ foreign trade, reports from both Bloomberg and the Wall Street Journal said, on Sunday. Trump said on Friday that there could potentially be “flexibility” for his reciprocal tariff plan. Fears of a global trade war have weighed heavily, with investors hung up on Trump’s proposed reciprocal tariffs on trading partner countries, which are scheduled to take effect on April 2.Ukraine ceasefire progress? Investors will also look to talks between a U.S. delegation and Russian officials in Saudi Arabia later Monday on the potential for a ceasefire in the war in Ukraine, after the U.S. delegation spoke with Ukrainian officials on Sunday.U.S. special envoy Steve Witkoff expressed optimism on Sunday, saying he believed Russian President Vladimir Putin wanted to end the three-year-old conflict.