Pharmaceuticals exported from the EU to the U.S. will see tariffs capped at 15%
Shares of Germany’s Rheinmetall were trading lower by 1.2%
Trump said he was “open to talk” on trade, including with Europe
European auto stocks were among the biggest gainers
oday’s outcome is positive for UBS
The BOE slashed its average annual growth forecast for 2025 to 0.75% from 1.5%.