A Trade Truce or Temporary Reprieve: The US‑EU May Embrace 15% Tariffs as Stocks Rally
Widespread optimism engulfed global markets as investors cheered two significant trade breakthroughs: the U.S.-Japan agreement capping tariffs on autos and goods at 15%, and the potential for a reciprocal EU-U.S. deal nearing finalisation. The Dow rallied by 1.1%, the S&P 500 advanced 0.8%, and the Nasdaq surged past 21,000 for the first time. European indices, […]