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US stocks jump as Trump touts ‘positive’ progress on EU trade talks

  • On May 27, 2025, President Donald Trump announced a delay in implementing a planned 50% duty increase on goods from the European Union following discussions with EU officials.
  • Trump imposed the tariffs to address EU trade barriers against American goods and services, prompting Brussels to prepare for resumed negotiations.
  • The EU, led by trade chief Maros Sefcovic, responded by requesting swift details on U.S. Investment plans from major companies to support upcoming talks.
  • The Dow Jones rose over 650 points and the S&P 500 gained nearly 2%, reflecting market optimism after Trump called the EU’s meeting request a "positive event."
  • The tariff delay extends negotiations to July 9, allowing both sides to address key sectors like semiconductors and automobiles while aiming for a fair trade deal.
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Business Insider (Poland) broke the news in on Tuesday, May 27, 2025.
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