European Stock Futures Climb After EU Clinches US Trade Deal

European stock futures rallied after the US and European Union agreed to a trade deal.

The pact, which will see the bloc face 15% tariffs on most of its exports including autos, was announced Sunday by President Donald Trump after a meeting with European Commission President Ursula von der Leyen. The European leader said the rate would be all inclusive, though Trump said it did not include pharmaceuticals and metals.