India, March 24 -- European stocks look set to open higher on Monday after U.S. President Donald Trump said there will be "flexibility" on his reciprocal tariff plan and that he would discuss tariffs with Chinese President Xi Jinping.
On Sunday, the Wall Street Journal reported that the reciprocal tariffs are likely to be narrower in scope and will exclude some industry-specific duties.
Trump also expressed optimism about reaching a deal between Russia and Ukraine, adding his administration will sign a rare earths deal with Ukraine "very shortly."
Meanwhile, New York Federal Reserve President John Williams said in a speech on Friday the U.S. central bank's monetary policy is in the right place and there's no urgency to make any changes t...