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STOXX 600 jumps as Trump's EU tariff deadline extension boosts sentiment
European shares surged on Monday, poised to recoup the previous session's losses on relief after U.S. President Donald Trump delayed his threat to impose a 50% tariff on the European Union. The pan-European STOXX 600 index rose 1% by 0710 GMT. The benchmark lost 0.9% on Friday after Trump unexpectedly called for sharp tariffs on goods from the EU, saying that negotiations with the region were not moving fast enough.
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STOXX 600 jumps as Trump's EU tariff deadline extension boosts sentiment
European shares surged on Monday, poised to recoup the previous session's losses on relief after U.S. President Donald Trump delayed his threat to impose a 50% tariff on the…
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Asian shares dip, dollar struggles after Trump's tariff backflip
Asian shares eased on Tuesday, though U.S. futures rose after President Donald Trump delayed his threatened 50% duties on European Union shipments, while the dollar was headed for…
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US stock futures rally after long weekend on trade reprieve
On Sunday, Trump backed off from his threat to impose 50% tariffs on EU imports next month, restoring a July 9 deadline to allow for talks between Washington and the 27-nation…