{"id":28293,"date":"2025-05-27T15:08:18","date_gmt":"2025-05-27T15:08:18","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/stocks-rally-after-trump-announces-pause-on-eu-tariffs\/"},"modified":"2025-05-27T15:08:18","modified_gmt":"2025-05-27T15:08:18","slug":"stocks-rally-after-trump-announces-pause-on-eu-tariffs","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/stocks-rally-after-trump-announces-pause-on-eu-tariffs\/","title":{"rendered":"Stocks rally after Trump announces pause on EU tariffs"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     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class=\"lazyload embed__frame\" data-width=\"1920\" data-height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" id=\"trump-pauses-tariffs-european-union-goods-negotiations--hero\" title=\"Video: Trump pauses tariffs on European Union goods after negotiations\" data-sort-time=\"1748303803000\" data-update-time=\"1748303803000\"><\/iframe><\/p><\/div>\n<p>          <button class=\"player-overlay__button--icon-close__mobile\" data-target=\"\" aria-label=\"Close sticky player\"><br \/>\n        <svg class=\"player-overlay__button--icon\">\n          <use xlink:href=\"#player-icon-close\"\/>\n        <\/svg><br \/>\n      <\/button><\/p><\/div>\n<\/p><\/div><figcaption class=\"embed__caption-container\">\n                              <a href=\"https:\/\/www.cbsnews.com\/video\/trump-pauses-tariffs-european-union-goods-negotiations\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\">\n              <use xlink:href=\"#icon-video\"\/>\n            <\/svg><br \/>\n          <\/span><\/p>\n<p>          <span class=\"embed__headline\">Trump pauses tariffs on European Union goods after negotiations<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">03:18<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<section class=\"content__body\">\n<p>Stocks jumped on Tuesday, after Mr. Trump announced over the Memorial Day weekend that he would\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/european-union-tariff-delayed-july-trump\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">pause the implementation<\/a><\/span> of steep tariffs on the European Union until July 9 to allow more time for trade negotiations with the 27-country bloc.<\/p>\n<p>The S&amp;P 500 climbed 90 points, or 1.6%, to 5,893 points, as of 10:43 a.m. EST, while the Dow Jones Industrial Average gained 499 points, or 1.2%. The tech-heavy Nasdaq Composite rose 2.0%.<\/p>\n<p>Mr. Trump had initially threatened to impose a &#8220;straight 50% Tariff&#8221; on the trading bloc, effective June 1. The news, announced by the president in a Truth Social post Friday, <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/stock-market-lower-tariffs-threats-apple-us-may-23\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">sent stocks tumbling<\/a><\/span> as investors braced for more uncertainty.\u00a0<\/p>\n<p>Wall Street rallied after President Trump announced he would\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/european-union-tariff-delayed-july-trump\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">delay the implementation<\/a><\/span> of EU tariffs, from June 1 to July 9.<\/p>\n<p>The administration has been working to strike deals before July 9, when the <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-announces-90-day-tariffs-pause\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">90-day pause on reciprocal tariffs<\/a><\/span>\u00a0is set to end. The president announced broad terms of a trade deal with\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/us-uk-trump-starmer-major-trade-deal\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">with the United Kingdom<\/a><\/span> earlier this month, followed by a <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/tariffs-china-trump-trade\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">tariff truce with China<\/a><\/span>.\u00a0<\/p>\n<p>Maros Sefcovic, chief trade negotiator for the EU, said Monday, following calls with top U.S. officials, that the bloc was <a href=\"https:\/\/www.cbs19news.com\/eu-fully-committed-to-reaching-us-trade-deal-commissioner\/article_f1825a27-3799-5102-bcfd-8e0cfdc48881.html\" target=\"_blank\" rel=\"nofollow noopener\">&#8220;fully committed&#8221;<\/a> to reaching an agreement with the U.S. by the July deadline.<\/p>\n<p>European stocks were up amid news of the U.S.-EU trade talk progress, with Germany&#8217;s DAX adding 0.7% and the CAC 40 in Paris picking up 0.2%. London&#8217;s FTSE 100 gained 0.8%<\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n        <\/aside>\n<p>    <!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/mary-cunningham\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Mary  Cunningham<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at &#8220;60 Minutes,&#8221; CBSNews.com and CBS News 24\/7 as part of the CBS News Associate Program.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/stocks-up-trump-eu-tariffs-delay-may-27-2025\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump pauses tariffs on European Union goods Trump pauses tariffs on European Union goods after negotiations 03:18 Stocks jumped on<\/p>\n","protected":false},"author":1,"featured_media":28294,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-28293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stocks rally after Trump announces pause on EU tariffs - World News<\/title>\n<meta name=\"description\" content=\"Stocks jumped after the morning bell, amid signs of progress in the U.S.-EU trade talks.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/site.itshrt.com\/worldnews\/stocks-rally-after-trump-announces-pause-on-eu-tariffs\/\" \/>\n<meta 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