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Top CEOs have expressed relief after U.S. President Donald Trump backed away from further European tariffs, but told CNBC they were still prioritizing being resilient amid geopolitical instability and regionalization.
Conor Hillery, JP Morgan
’s co-CEO for Europe, told CNBC European leaders’ tougher stance on Trump was “very good for business.”
Trump announced Wednesday that he and NATO Secretary General Mark Rutte had agreed on a “framework of a future deal” involving Greenland, and he would not proceed with 10% tariffs on eight European countries that had resisted his efforts.
