In a significant move, President Trump has announced the extension of the deadline for imposing a 50% tariff on goods from the European Union until July 9, following a conversation with EU Commission President Ursula von der Leyen. This decision has sparked a rise in Asia-Pacific markets, reflecting improved investor sentiment. However, concerns remain as Trump broadens his tariff threats to include Apple and has warned of steep tariffs that could lead to a trade war with Europe. The prospect of new tariffs has already influenced U.S. stock markets, with the Dow, NASDAQ, and S&P 500 showing signs of volatility. As the U.S. dollar recovers and the euro rises, analysts are closely monitoring how this extension may impact ongoing trade negotiations and the broader economic landscape.