European indices jump at the open as Trump delays EU tariffs

  • A solid rebound to kick start the new week
  • Eurostoxx +1.5%
  • Germany DAX +1.8%
  • France CAC 40 +1.4%
  • Spain IBEX +1.1%
  • Italy FTSE MIB +1.5%

The hope now is that Trump is really just threatening with the 50% tariffs in order to get a deal at the end of it all. It's sort of his go to negotiating tactic it would seem when it comes to tariffs. But 9 July is not that far away, so we'll see how they can move the needle in the coming weeks when we've already seen almost no progress since April.

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