European Stocks Set to Open Higher Amid Tariff Talks Progress

European stocks are set to open higher as Trump suggests progress in U.S.-EU trade talks, hinting at a decision on tariffs. The EU is working on securing a trade deal with the U.S. but is prepared to retaliate if talks fail. U.S. stock futures dipped amid tariff concerns on imports of copper and pharmaceuticals. Trump extended the deadline for his “Liberation Day” tariffs but confirmed they will stick. Asian markets traded mixed with focus on trade headlines and Chinese inflation data, while U.S. stocks ended narrowly mixed as uncertainty over tariff plans lingered. Oil prices eased from two-week highs after a rise in U.S. crude inventories. Fed minutes from the last meeting may provide insight on a possible rate cut in September.

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