U.S. Stocks Surge on Trade Optimism After Trump Delays Tariffs

A rally in U.S. stocks was triggered Tuesday after President Donald Trump agreed to delay a proposed 50% tariff on European Union imports, easing trade tensions and fueling optimism among investors. The pause followed negotiations between Trump and the European Commission President Ursula von der Leyen, pushing back the tariff deadline from June 1st to July 9th. This move, coupled with expedited trade discussions initiated by the EU aimed at avoiding escalating tariffs, has bolstered investor confidence.