Trump Tariff Delay: Stocks Rally – US & Europe
Trump’s decision to delay EU tariffs until july 9th sparked a rally in US and European markets. The extension, following a request from European Commission President Ursula von der leyen, signals a shift in the trade dynamic. Stock futures surged, with the S&P 500 Futures rising over 1% and European indexes experiencing similar gains. This postponement of planned EU tariffs allows for upcoming trade talks between the U.S. and the EU, aiming for a resolution before the new deadline. News Directory 3 keeps you ahead of the game with the latest developments. Will the U.S. and EU find common ground? Discover what’s next in this evolving trade landscape.
Trump Delays EU Tariffs as Trade Talks with EU Resume
Updated May 26, 2025
U.S. stock futures and European markets surged Monday after President Donald Trump agreed to postpone planned tariffs on goods from the european Union. The move aims to allow further negotiations, marking a shift in the president’s approach to EU trade.
The benchmark S&P 500 Futures rose 1.26% to 5,890 points in premarket trading. Dow futures increased 1.11% to 42,137 points, while the tech-heavy Nasdaq Futures climbed 1.4% to 21,270 points.
European markets also responded positively. The pan-European STOXX Europe 50 opened above 12,207 points, a rise of more than 1% from Friday. Germany’s DAX and France’s CAC 40 saw gains of 1.69% and 1.17%, respectively.
Trump announced the delay on his Truth Social platform, stating that European Commission President Ursula von der Leyen requested an extension to the June 1 deadline for the 50% tariff. he agreed to extend it to July 9, with trade talks expected to “begin rapidly.”
“The EU and US share the world’s most consequential and close trade relationship. Europe is ready to advance talks swiftly and decisively. To reach a good deal, we would need the time until July 9.”
Von der Leyen confirmed the agreement in a tweet, noting a “good call” with the president and emphasizing the importance of the EU-U.S. trade relationship. She stated that Europe is prepared to advance talks swiftly to reach a deal by July 9.
Previously, Trump had proposed a “straight 50% Tariff” on all goods imported from the EU, criticizing the bloc’s trade practices. He accused the EU of taking advantage of the U.S. through value-added taxes, corporate penalties, and lawsuits against American companies.
What’s next
With the EU tariffs delayed, the focus shifts to upcoming trade talks.Both sides aim to reach an agreement by July 9. The market reaction suggests optimism for a resolution, but the negotiations’ outcome remains uncertain.