European negotiators head for Washington after Trump agrees Japan deal

US president Donald Trump to Republican members of Congress at the White House. Mr Trump revived hopes for a trade deal with the European Union following an agreement with Japan. Picture:Â AP Photo/Julia Demaree Nikhinson
European shares climbed early on Wednesday, led by automobile stocks, after US president Donald Trump revived hopes for a trade deal with the European Union following an agreement with Japan.
European automobile stocks led a broad-based rally, rising 3.6%, tracking strength in Asian rivals. Carmakers such as Mercedes-Benz, Volkswagen, and Porsche gained between 7.4% and 5.1%.