‘Buckle up, this ride’s far from over’: Trump’s EU tariffs delay is no guarantee trade tensions won’t escalate, market watchers say

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U.S. President Donald Trump called last week for a 50% tariff on EU goods to begin on June 1, but has since delayed the roll out of the duties to July 9.
European stocks rebounded Monday morning, moving into positive territory, after previously sinking on Friday in response to Trump’s fresh tariffs threats.
However, market watchers warned that the threat of tariff escalation between the U.S. and the EU is not yet over.

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