India, May 27 -- European stocks closed on a positive note on Tuesday, continuing to benefit from U.S. President Donald Trump's decision to amid slightly easing concerns about a potential trade war following U.S. President Donald Trump's decision decision to wait till July 9th to implement the 50% tariffs he had threatened to impose on imports from the European Union.

The U.S. President's move came after a call from European Commission President Ursula von der Leyen. The EU has now pledged to fast-track talks to avoid a transatlantic trade war.

Investors also digested a report showing an uptick in German consumer sentiment, and data showing a moderation in France's consumer price inflation in the month of May.

German Finance Minister Lar...