The "Make America Great Again" roadshow arrived in Europe this week with events in two nations where American conservatives see prime opportunities.

European shares climbed on Thursday as a U.S. trade court's decision to block President Donald Trump's proposed tariffs sparked a risk-on sentiment across global markets. The continent-wide STOXX 600 index was up 0.

Wall Street’s fear gauge settled down after the delay in EU tariffs eased some jitters among traders. The CBOE Volatility Index, or VIX, was down to 19.30 on Tuesday after spiking north of 25 during Friday’s session.

President Trump’s threat to impose big charges — including 50 percent on the European Union — was in question after judges blocked his across-the-board levies.

Government lawyers said they would appeal a trade court ruling nullifying most of Trump's tariffs, but markets and foreign leaders await his reaction.

The White House says it will appeal, adding "it is not for unelected judges to decide how to properly address a national emergency".