European indices jump at the open as Trump delays EU tariffs

• Eurostoxx +1.5%
• Germany DAX +1.8%
• France CAC 40 +1.4%
• Spain IBEX +1.1%
• Italy FTSE MIB +1.5%

The hope now is that Trump is really just threatening with the 50% tariffs in order to get a deal at the end of it all. It’s sort of his go to negotiating tactic it would seem when it comes to tariffs. But 9 July is not that far away, so we’ll see how they can move the needle in the coming weeks when we’ve already seen almost no progress since April.

This article was written by Justin Low at www.forexlive.com.