European markets have rebounded amid a delay in American tariffs.


European stock markets rose after Trump's tariff postponement
European stock markets showed a strong increase on Monday after U.S. President Donald Trump temporarily delayed the imposition of a 50% tariff on goods from the European Union. The pan-European Stoxx 600 index rose by 1%, and all sectors remained in positive territory. The French CAC 40 increased by 1.1%, while the German DAX climbed by 1.6%. Meanwhile, British markets remained closed due to a public holiday.
Against the backdrop of tariff postponement, there was an improvement in the situation in the stock market for European car manufacturers. After a 3% drop in the previous session, car manufacturer stocks showed a rise of 1.1%. The automotive industry is particularly sensitive to the threat of American tariffs, as transport and machinery make up the largest share of EU exports to the U.S. German manufacturers, including BMW, Mercedes-Benz, and Volkswagen, also showed significant growth on this day.
Earlier on Sunday, Donald Trump announced that he had agreed to postpone the 50% tariffs until July 9 after speaking with European Commission President Ursula von der Leyen.Von der Leyen, in her post on social media X, expressed the EU's readiness to 'move forward in negotiations swiftly and decisively.' This decision by Trump has currently allowed stock markets to recover after a previous period of unrest.
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