European shares opened flat on Wednesday as investors took a breather after gains seen earlier this week following the U.S.-China trade truce, while key inflation data from Germany was also in focus.

Brussel's envoy to Beijing said that "the situation is not improving" during candid remarks on trade ties Friday.

Baidu Inc. is planning to test and eventually launch autonomous ride-hailing service Apollo Go in Europe and Turkey, joining a growing number of Chinese self-driving technology companies in embarking on a global expansion.

President Donald Trump hailed a “total reset” in trade relations between the U.S. and China. But other trading partners may not find negotiations quite so smooth. To many, China may have appeared the toughest agreement to reach but Trump suggested otherwise, taking aim at the European Union Monday.

Chinese tech giant Baidu plans to start testing self-driving taxis in Europe for the first time by the end of this year, a source with knowledge of the matter confirmed to AFP on Wednesday. A source confirmed to AFP that Baidu will set up a local entity in Switzerland in order to begin tests there before the end of 2025.

Xi Jinping, China’s leader, is reinforcing his bond with President Vladimir V. Putin of Russia. But that could hurt Beijing’s efforts to repair ties with Europe.

Global supply chain and manufacturing anxiety was near a breaking point, new data indicates, ahead of the U.S.-China trade war de-escalation.

Progress on US-China trade over the weekend sent stocks soaring on Monday. Some top commentators say tariffs are still a big risk.

The European Union’s plan to phase out sales of gas and diesel cars by 2035 could be in trouble. Long portraying itself as the world’s climate leader, Europe is facing a fierce backlash against one of its key steps to reduce planet-warming emissions.