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 European shares recovered some ground on
Friday after a bruising session a day earlier, as U.S. President
Donald Trump predicted a swift end to the ongoing trade war with
China that has dominated trade on financial markets over the
past year.
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* Statement from UK PM May expected by mid-morning
(Adds quote, details, updates prices)
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* Trump: Huawei 'dangerous', could be included in China
trade deal
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 The U.S. could ease harsh measures taken against Huawei Technologies Co. as part of a wider trade deal with China, President Donald Trump suggested Thursday, Reuters reported. Last week, the Trump administration effectively banned U.S. companies from dealing with the Chinese tech giant over concerns that its telecom equipment poses a national security threat, though some companies were to get a 90-day window before the ban begins. Speaking about a possible trade deal Thursday at the White House, Trump said: "If we made a deal, I could imagine Huawei being possibly included in some form or some part of it," according to Reuters, though he said the company was "very dangerous" from a security standpoint. There had been speculation that the action against Huawei was, at least in part, a bargaining chip to be used in future negotiations. There are no new trade talks scheduled, but Chinese officials have said they're open to resuming negotiations, and Trump on Thursday again predicted a quick end to the yearlong trade war.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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The package announced at the White House is bigger than last year's $12 billion in emergency aid for farmers and ranchers caught in tariff showdowns.
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