European markets poised for growth as Trump envisions lowering tariffs on auto parts.

The White House has confirmed that President Trump intends to decrease tariffs on car parts manufactured in the United States, just before the expiration of a 25% import tax exemption. Following this announcement, global markets have extended their winning streak for the second week in a row, with leading European indices expecting higher openings today.

Source: https://www.euronews.com/business/2025/04/29/european-markets-to-rise-as-trump-prepares-tariff-reduction-on-auto-parts