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Wall Street looks set to rebound as U.S. stock futures rally after Trump delays E.U. tariff deadline

Upworthy Tuesday, 27 May 2025
Wall Street appears poised to surge when markets open Tuesday, after two days of rallies by U.S. stock futures, spurred by President Donald Trump delaying his latest threat of 50% tariffs against European Union imports until July 9, to allow more time to reach a trade deal.
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Video Credit: Oneindia - Published
News video: Trump ERUPTS Over 'TACO' Jibe | Wall Street COINS Savage Nickname Over China, EU Tariff Retreats

Trump ERUPTS Over 'TACO' Jibe | Wall Street COINS Savage Nickname Over China, EU Tariff Retreats 02:44

President Trump pushed back after being mocked on Wall Street with the nickname "TACO trade"—short for "Trump Always Chickens Out"—a dig at his inconsistent tariff strategies. During a press exchange on May 28, Trump defended delaying steep tariffs on China and the EU, calling the jab unfair. The...

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