European stocks jump as US and EU agree to work towards 'zero' tariffs
'New phase' in transatlantic relations
Jean-Claude Juncker (left) and Donald Trump. Photos: Flickr/Creative Commons/EU2017EE CC BY 2.0/Gage Skidmore CC BY-SA 2.0
European equity markets are on the rise in mid-morning trading after the US and European Union agreed on Wednesday to bring an end to the trade war and work together towards "zero" tariffs, barriers and subsidies.
In what is seen as a breakthrough after weeks of stalemate, US President Donald Trump and European Commission President Jean-Claude Juncker proclaimed a "new phase" in transatlantic relations. The two...
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