After trade deal, Trump says the EU and U.S. ‘obviously ... love each other!’

What a difference a week makes.

After threatening the European Union with “tremendous retribution” through auto tariffs last week, as well as accusing the trade bloc of currency manipulation, President Donald Trump is now sounding all buddy-buddy.

Trump offered the following assessment of the U.S.-EU relationship in a tweet late Wednesday:

‘Obviously the European Union, as represented by @JunckerEU and the United States, as represented by yours truly, love each other!’

The tweet included a photo of an embrace between Trump and European Commission President Jean-Claude Juncker, with the Luxembourger kissing Trump’s cheek.

The two leaders on Wednesday reached a trade agreement that has been called short on specifics, but still significant. The deal shows the White House is willing to at least consider not letting global trade tensions spiral out of control, says a MarketWatch column.

Trump had called the EU a “foe” of the U.S. earlier this month.

European stocks SXXP, +0.61% were trading higher early Thursday after the upbeat Trump-Juncker meeting in Washington, D.C., while U.S. stock-index futures ESU8, -0.13% YMU8, +0.14% NQU8, -0.80% were mixed as Facebook Inc.’s FB, +1.32% disappointing quarterly report offset trade-related cheer.