Markets also were boosted by strong U.S. corporate earnings. That helped to dampen fears about the impact of sweeping Chinese efforts to contain a viral disease that closed factories, restaurants and shops as the death toll rose.
China announced tariff cuts on $75 billion of U.S. imports including auto parts in response to similar American reductions in a trade truce. That followed the signing of the "Phase 1" agreement in their fight over Beijing's technology ambitions and trade surplus. In early trading, London's FTSE 100 advanced 0.4% to 7,509.67 and Frankfurt's DAX gained 0.7% to 13,567.68. France's CAC 40 added 0.7% to 6,030.57.
The impact of China's anti-virus measures on the second-largest global economy is unclear. Many stores, restaurants and cinemas are closed in an effort to reduce the risk the infection might spread. Companies are warning of lower revenue and profit.
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