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European shares rise but head for third weekly decline on tariff woes

The pan-European STOXX 600 edged up 0.5% at 0719 GMT, after plummeting to a near 1-1/2-year low this week as U.S. President Donald Trump first imposed "reciprocal" tariffs and only hours later suspended some levies, causing wild swings in global equities that lost trillions of dollars in value recently. Trump's tariff pause led the European Union to pause its own retaliatory levies on American goods on Thursday.

The pan-European STOXX 600 edged up 0.5% at 0719 GMT, after plummeting to a near 1-1/2-year low this week as U.S.

President Donald Trump first imposed "reciprocal" tariffs and only hours later suspended some levies, causing wild swings in global equities that lost trillions of dollars in value recently. Trump's tariff pause led the European Union to pause its own retaliatory levies on American goods on Thursday..