European Stocks Jump Most in Five Years on Trump Tariff Reprieve
- The Danish C25 index increased by 13 percent after US President Donald Trump paused his tariff plans on Thursday.
- European markets, including the UK's FTSE 100, experienced significant gains due to Trump's 90-day tariff delay for most nations.
- Despite Trump's announcement, a baseline 10 percent tariff remains for all nations, and tensions with China persist.
- Analysts view Trump's tariff pause as a positive sign but warn that trade war concerns will continue to affect market sentiment.
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Effect of the “tariff break”: European bourses recorded their best session in three years on Thursday
European stocks ended Thursday higher after U.S. President Donald Trump announced a temporary suspension of new tariffs imposed on most U.S. trading partners, despite lingering uncertainty on Wall Street, CNBC reported.
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Leaning Left15Leaning Right6Center11Last UpdatedBias Distribution47% Left
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C 34%
R 19%
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