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European markets seen lower; trade war, earnings in focus

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European markets are expected to open lower on Wednesday as investors continue to monitor U.S.-China relations and corporate earnings.

China is reportedly pressing U.S. President Donald Trump to roll back tariffs the U.S. imposed in September before a "phase one" trade deal is signed between the world's two biggest economies.

Meanwhile, Reuters reported on Tuesday that finalizing a location for a meeting between Trump and Chinese leader Xi Jinping has become another hurdle for the deal.

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