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Evening Standard
Evening Standard
Business
Anna Wise

European stocks rise as US and China agree to slash tariffs

European stocks have surged higher following China and the US striking a deal over tariffs (Niall Carson/PA) - (PA Wire)

European stocks have surged higher in early trading as optimism swept through the financial markets after China and the US struck a deal over tariffs.

The two countries are set to suspend most tariffs for 90 days and slash future rates after negotiations in Switzerland over the weekend.

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