European markets eye historic rally following Trump’s tariff pause
European markets eye historic rally following Trump’s tariff pause
European markets soared after Trump paused tariffs for nations that didn’t retaliate.
Investors welcomed the easing trade stance, with major indices across the continent posting their strongest performance in years.
READ MORE : http://www.euronews.com/2025/04/10/european-markets-eye-historic-rally-following-trumps-tariff-pause
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Hungarian Prime Minister Viktor Orbán delivered a striking endorsement of the Trump-Putin Alaska summit, declaring that “the world is a safer place today than it was yesterday.” Orbán praised the meeting as a long-overdue reset between the two biggest nuclear powers, accusing President Joe Biden of dismantling the framework of U.S.-Russia cooperation. The Hungarian leader said Trump and Putin had ended years of hostility and reopened the path to dialogue. His remarks were hailed by Moscow and welcomed by Trump allies, while Western critics warned Orbán was legitimizing Putin’s war agenda. Both Trump and Putin reportedly agreed that Biden’s approach had accelerated tensions instead of resolving them. The summit, which ended without a ceasefire deal in Ukraine, continues to send shockwaves across Europe. Orbán’s comments add fuel to an already divisive global debate over whether the Alaska meeting represents peace progress or dangerous appeasement.
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President Donald Trump has declared a 90-day pause on all new "reciprocal" tariffs, excluding China, which now faces a 125% levy. The decision triggered a massive rally on Wall Street, with the S&P 500..
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