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European exchanges closed the trading on green after the EU's readiness to respond the US duties

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The European exchanges closed Wednesday’s session on positive territory, although the resignation of Donald Trump’s economic advisor raised fears for global trade war. But the markets of the continent were backed by the EU’s readiness to take retaliatory measures.
The pan-European Stoxx 600 added 0.6% to its value, with most sectors reporting upward movement. The London FTSE 100 rose by 0.16% to 7,157.84 points. On the stock exchange in Germany, DAX 30 rose by 1.09% to 12,245.36 points. In France, CAC 40 finished the trading session with growth of 0.334% to 5,187.83 points.
The shares of Renault rose by 8% after media announced that the company was in talks with Nissan to sell the majority of the French government’s stake in its Japanese car manufacturer. After that, however, carmakers said they were giving up on these plans. Just a few days ago, Trump threatened to introduce customs duties on European car imports.
Due to fears of introducing customs duties on aluminum and steel, Fresnillo mining stocks fell by 1.71% and Randgold Resources dropped by 1.48%.
The shares of Rolls-Royce rose by 11.46% after the company announced it would continue to meet its financial targets for 2020 and its operating profit would grow 11% more than expected.
The European Commission has announced today that it is ready with a list of US-produced goods, which will be taxed, if Washington really imposed an additional levy on EU-imported aluminum and steel. The EU Trade Commissioner Cecilia Malmstrom noted that the measures announced by the US President Donald Trump would affect the whole world. She urged the EU to make an exception.
The EU stands ready to take immediate and firm measures by charging food, beverages and other products produced in the United States.