India, Aug. 12 -- European stocks may open higher on Tuesday as the United States and China agreed to extend their tariff truce for another 90 days.
The truce extension, now set to last until November 10, will give more time for negotiations about "remedying trade imbalances" and "unfair trade practices", the White House said.
U.S.-China Business Council president Sean Stein described the extension as "critical to give the two governments time to negotiate an agreement" that could pave the way for a Trump-Xi meeting this fall.
Focus also shifts to the U.S. Labour Department's report on U.S. consumer price inflation later in the day that could impact the outlook for interest rates.
The annual rate of price growth is expected to inch up t...