#TrumpTariffs
🚨 BREAKING: Trump Delays EU Tariffs Until July 9, Markets Rally🔥
President Trump has postponed implementing 50% tariffs on EU goods until July 9 following talks with EC President von der Leyen. Markets responded positively with S&P 500, Dow Jones and Nasdaq futures jumping 1-1.4%, while European indices like DAX and CAC 40 gained 1.5% and 1% respectively.
Though encouraging, this is merely a pause in tensions. The EU had prepared retaliatory tariffs on $100B worth of US goods. Both sides aim to reach agreement by the new deadline, but uncertainty lingers.
The delay brings temporary market relief, but investors should remain cautious as the July deadline approaches.