European defence shares fall after Trump retreats from trade war threats

European defence stocks retreated on Thursday after US President Donald Trump retreated from antagonistic trade war talk. He said Washington would not move ahead with planned tariffs on European countries. This was due to what he described as progress toward a prospective agreement linked to Greenland. Shares in Germany’s Rheinmetall (RHM), Italy’s Leonardo (LDO) and … Continue reading European defence shares fall after Trump retreats from trade war threats