US Futures are Higher Following Reports that the US will hold off Tariffs on European Cars #Tarriffs #Europe #Autos

US futures are higher this morning following reports that the US will hold off tariffs on European cars in exchange for concessions.  Auto makers are up sharply on this news with GM up over 2 percent and Fiat Chrysler up close to 7 percent.  Markets in Europe are also higher on this news led by the DAX.  Asian markets closed lower led by the Shanghai index as investors there remained cautious ahead of the first set of tariffs from the US which are set to begin Friday.   
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