European stocks set to extend gains after White House hints at tariffs extension

Good greeting from London.

European equities look acceptable to extend yesterday's gains astatine the unfastened connected Friday.

Futures tied to the FTSE 100 are marginally higher, portion those tied to Germany's DAX and France's CAC 40 indexes are up by 0.8% and 0.6%, respectively.

It comes aft the Trump medication said the July deadlines for alleged reciprocal tariffs "could beryllium extended" and are "not critical."

— Chloe Taylor

President Donald Trump could widen looming deadlines for reimposing steep tariffs on imports from astir of the world's countries, the White House said Thursday.

Trump's July 8 and 9 deadlines for restarting tariffs connected those nations are "not critical," White House Press Secretary Karoline Leavitt told reporters.

"Perhaps it could beryllium extended, but that's a determination for the president to make," Leavitt said.

Leavitt besides said Thursday that if immoderate of those countries garbage to marque a trade deal with the United States by the deadlines, "The president tin simply supply these countries with a deal."

In precocious May, Trump threatened to enforce tariffs of 50% connected imports from European Union nations, each of whom had already been taxable to the reciprocal tariffs imposed successful April.

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— Kevin Breuninger