LONDON (AP) — The European Medicines Agency has recommended authorizing a twice-yearly injectable drug aimed at preventing HIV, which scientists say could help end the virus' transmission.

The European Union's drugs regulator has recommended approval of Gilead Sciences' lenacapavir, a twice-yearly injection, for preventing HIV infection in adults and adolescents, the drugmaker said on Friday.

The European Union plans to quickly hit the US with 30% tariffs on some €100 billion ($117 billion) worth of goods in the event of no deal and if US President Donald Trump carries through with his threat to impose that rate on most of the bloc’s exports after Aug.

EU-China relations have reached an "inflection point", European Commission President Ursula von der Leyen told her Chinese counterpart Xi Jinping at a one-day summit in Beijing.

Wall Street's main indexes were higher on Friday after EU officials signaled that a framework trade deal with the U.S. could be signed as soon as this weekend, while Intel tumbled following a disappointing forecast.

As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.