India, April 11 -- European stocks may open on a positive note Friday as temporary tariff relief help ease economic worries.

Following U.S. President Donald Trump's tariff reversal, the European Union has put on hold the countermeasures against Trump's sweeping tariffs for 90 days.

Trump said there will be a transition cost, and transition problems due to tariffs, but in the end, it's going to be a beautiful thing.

In another development, Trump has threatened Mexico with sanctions and tariffs in a dispute over water sharing.

In economic news, U.S. reports on producer price inflation and consumer sentiment may garner some attention later in the day.

The first-quarter U.S. earnings season officially gets underway today, with JPMorganChas...