European, Japan stocks surge
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European shares were subdued early in the session on Monday as investors assessed a mixed bag of corporate earnings while awaiting a potential trade deal between the United States and the European Union.
President Donald Trump announced a trade framework with Japan on Tuesday, placing a 15% tax on goods imported from that nation.
The Trump administration is pressing the European Union to accept blanket tariffs in the range of 15% or more, well above the level the bloc had initially negotiated with the U.S., people familiar with the matter said.
The EU had first brought the case against China at WTO in 2022, accusing China of blocking European tech companies from using foreign courts to defend their patents. For instance, if a European company beleives a Chinese entity is infringing its patent and wants to sue them,
The EU – the United States' biggest trading partner – had been scheduled to impose "countermeasures" starting Monday at midnight in Brussels
President Trump’s threat to impose 30% tariffs on the European Union disrupted negotiations. From cars to wine, these are the industries on the line.
US President Donald Trump said on Tuesday that the United States will make a deal with Japan on LNG (Liquefied Natural Gas). While speaking at an event at the White House, Trump added that Japan will form a joint venture with the U.
President Donald Trump announced a long-awaited trade agreement with Japan on Tuesday night, a framework between allies and major trading partners that appeared elusive just weeks ago.
The outlook for European corporate health has slightly improved, the latest earnings forecasts showed on Tuesday, despite continued uncertainty over global trade and the European Union preparing for counter-measures against any major U.