European shares nudged higher on Tuesday, driven by automobile stocks, as sentiment improved after U.S. President Donald Trump signalled a readiness to negotiate tariffs with the European Union.

The EU – the United States' biggest trading partner – had been scheduled to impose "countermeasures" starting Monday at midnight in Brussels

European stocks ticked up on Tuesday after US President Donald Trump indicated he is open to more trade negotiations with the European Union and Nvidia Corp. said it planned to resume sales of its H20 AI chip to China after securing Washington’s backing.

The European Union will invest €202m ($236m) in the International Fusion Materials Irradiation Facility – DEMO-Oriented Neutron Source.

European Commission President Ursula von der Leyen survived a no-confidence vote in the European Parliament on Thursday, brought by mainly far-right lawmakers who alleged she and her team undermined trust in the EU through unlawful actions.

The European Union has finalised a second list of countermeasures to target US goods worth €72 billion ($84 billion), including Boeing Co. aircraft, automobiles, and bourbon, if it decides to retaliate as transatlantic trade tensions intensify.

The European Union will meet with representatives from Elon Musk's xAI to discuss problems with its social network X and integrated Grok chatbot. Grok generated and spread antisemitic hate speech across X and praised Adolf Hitler. xAI issued an apology on Saturday and said the problematic content was generated following a code update.

President Donald Trump on Saturday threatened duties of 30% on products from Mexico and the European Union, two of America’s biggest trading partners, in an ongoing tariff campaign that’s upended global trade since he retook office in January.