India, April 24 -- Despite some early losses amid uncertainty about U.S. tariffs, European stocks staged a recovery and ended modestly higher on Thursday as investors focused on quarterly earnings and indulged in selective buying.
U.S. has signaled its willingness to reduce tariffs on China, but only through mutual agreement. China has denied any ongoing talks with Washington.
A day after Trump signaled a possible shift in his trade war with China, White House Press Secretary Karoline Leavitt said in an interview with Fox News that there will be no unilateral reduction in tariffs on goods imported from China.
Treasury Secretary Scott Bessent also clarified that such a move would not come unilaterally and there was no timeframe for engage...