Hang Seng drops as European markets rise after Trump delays EU tariff hike
Monday, 26 May 2025 () European shares and U.S. futures experienced a surge following President Trump's decision to postpone a 50% tariff on EU goods until July 9. This decision boosted Germany's DAX and France's CAC 40, while U.S. futures also climbed. However, most Asian markets declined, with Hong Kong's Hang Seng Index taking a significant hit, despite gains in Tokyo and Seoul.
Trump suggests 50% tariff on EU goods starting in June
US President Donald Trump on Friday threatened a 50% tax on all imports from the European Union, as the trade war intensifies.
READ MORE : http://www.euronews.com/2025/05/23/trump-suggests-50-tariff-on-eu-goods-starting-in-june
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US President Donald Trump has delayed the implementation of a 50% tariff on EU goods from June 1 to July 9, 2025, following a direct appeal from European Commission President Ursula von der Leyen...
President Trump has launched a full-scale trade war with the European Union, announcing a 50% tariff on EU imports starting June 1, 2025. Trump accused the EU of exploiting the U.S. through unfair..
Botswana calls for deeper trade ties with European Union amid Trump's tariffs
The foreign minister's call for more EU-led investment comes amid a 37% trade tariff imposed by the Trump administration..
Credit: euronews (in English) Duration: 01:36Published
Monday, 26 May 2025 ()
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