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News in English (USA) / 28.05.2025 / 03:00

U.S. Stock Market Reacts Positively to Tariff Delays Amid Ongoing Trade Tensions with the EU

The U.S. stock market experienced significant gains today, with the Dow Jones surging over 700 points as President Trump announced a delay on imposing a 50% tariff on European Union goods. This decision has been welcomed by investors, resulting in a rally across major indices, including the Nasdaq and S&P 500. Trump’s threats have sparked a complex trade dynamic, with the EU struggling to formulate a satisfactory response. Concerns over potential tariffs on American tech giants like Apple, alongside the broader implications for international trade, continue to loom large as markets grapple with ongoing uncertainty.
WSJ, Reuters, The New York Times, AP News, "Investors Business Daily", Mint, Yahoo Finance, CNBC, politico.eu, The Guardian