The pan-European STOXX 600 index was down 0.4% at 550.96 points, as of 0708 GMT, but was on track to log a weekly gain. Donald Trump on Thursday said the European Union could receive a letter on tariff rates by Friday, throwing into question the progress of trade talks between Washington and the bloc. He also announced a 35% tariff rate on all imports from Canada from August 1 and floated a blanket 15% or 20% tariff rate on other countries, up from the current 10% baseline rate.Read More
