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Europe's Factories Boosted by Tariff Frontrunning as August Deadline Looms

Europe's Factories Boosted by Tariff Frontrunning as August Deadline Looms

Factory output in the eurozone partly rebounded from a tariff-induced slump in May, but trade is likely to remain a headwind even as manufacturers harbor hopes of better times on government pledges to increase defense and infrastructure spending.
Industrial production increased 1.7% from April across the 20 nations that make up the eurozone, according to figures released by the European Union's statistics agency on Tuesday. That was a faster rise than economists had expected, according to a poll conducted by The Wall Street Journal.
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Surging US imports and lower tariffs to lift global growth, IMF predicts
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CNBC Excerpts: U.S. Commerce Secretary Howard Lutnick Speaks with CNBC's 'Squawk Box' Today
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