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European markets rally after Trump delays tariffs

Upworthy Monday, 26 May 2025 ()
European shares kicked off the week on a positive note on Monday, recouping the previous session’s losses, as markets heaved a sigh of relief after U.S. President Donald Trump delayed his threat to impose a 50% tariff on the region. The pan-European STOXX 600 index closed 1% higher. It had lost…
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Video Credit: Oneindia - Published
News video: Breaking: Trump Launches Trade War With EU, 50% Crushing Tariff Starting June 1 on ‘Exploitative’ EU

Breaking: Trump Launches Trade War With EU, 50% Crushing Tariff Starting June 1 on ‘Exploitative’ EU 03:17

 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 trade practices, VAT schemes, and currency policies, blaming them for a $250 billion trade deficit. The...

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