India, June 27 -- European stocks may open on a firm note Friday following strong gains on Wall Street overnight.
As the July 9 deadline for potential new U.S. tariffs approaches, media reports suggest that there is some progress in U.S.-China trade talks.
U.S. Commerce Secretary Lutnick stated that a U.S.-China trade deal outlined in Geneva has been finalized and it could be signed during the next round of talks in London in early July.
The agreement specifically includes China resuming shipments of rare earth metals to the U.S. while the U.S. is prepared to lift previously imposed restrictions on exports to China, including ethane, microchip software, and jet engine components.
Separately, addressing the 'Big Beautiful Event' at the W...