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MILAN, May 14 (Reuters) – European shares bounced on Tuesday after hitting two-month lows a day earlier as comments overnight from Washington and Beijing helped soothe investor worries about a deepening trade row and defy a heavy sell-off on Wall Street.

The pan-European STOXX 600 index was 0.4% higher at 0858 GMT, having fallen 1.2% on Monday after both the U.S. and China announced a new round of tariffs on reciprocal imports, and shrugging off an over 2% drop on