The Independent remains committed to delivering trustworthy news on various critical topics, from reproductive rights to climate change. Their recent investigative efforts cover significant stories like tariff negotiations between China and the US, which led to a stock market surge in Europe. Despite optimism in broader markets, UK pharmaceutical stocks suffered due to President Trump's announcement of impending price reductions for medications, highlighting the delicate balance between trade relations and industry impacts. Overall, the article emphasizes the importance of unfettered access to quality news.
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European stocks have surged higher as optimism swept through financial markets after China and the US struck a deal over tariffs.
Trump's pledge to lower medication prices by using executive powers could impact pharmaceutical companies, sparking declines in stocks for major firms.
The Cac 40 and Dax in France and Germany surged over 1%, while the UK's FTSE 100 experienced a minor retreat.
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