In Germany, the Christian Democratic Union (CDU) and the Christian Social Union (CSU), along with the Social Democratic Party (SPD), have announced the conclusion of a coalition agreement, Tagesschau reports.

The deal follows weeks of negotiations as Europe faces uncertainty over sweeping tariffs imposed by the United States.

Christian Social Union (CSU) leader and Bavarian Premier Markus Soeder speaks during a press conference with Germany's chancellor-in-waiting and leader of the Christian Democratic Union party (CDU) Friedrich Merz and co-leaders of the Social Democratic party (SPD) Saskia Esken and Lars Klingbeil,