U.S. Markets Rally After Trump Drops New Tariffs on EU
U.S. markets jump after Trump scraps new EU tariffs, lifting the Nasdaq 1.2% and adding roughly $700 billion in market value.
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U.S. markets jump after Trump scraps new EU tariffs, lifting the Nasdaq 1.2% and adding roughly $700 billion in market value.
A new study shows 96% of the cost of Trump-era tariffs is paid by U.S. importers and consumers, not foreign exporters.
China is set to levy provisional duties of up to 42.7% on European dairy imports, a move widely seen as retaliation for EU restrictions on Chinese electric vehicles.
South Korea auto stocks climbed over 4% after the U.S. confirmed a tariff cut to 15%, boosting Hyundai, Kia and the broader market.