European markets eye historic rally following Trump’s tariff pause

euronews (in English)

European markets eye historic rally following Trump’s tariff pause  European markets soared after Trump paused tariffs for nations that didn’t retaliate. Investors welcomed the easing trade stance, with major indices across the continent posting their strongest performance in years.   READ MORE : http://www.euronews.com/2025/04/10/european-markets-eye-historic-rally-following-trumps-tariff-pause  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

Transcript

00:00European markets staged a historic rally in early morning trading on Thursday,

00:05tracking Wall Street's euphoric surge after U.S. President Donald Trump

00:09unexpectedly announced a 90-day pause on tariffs.

00:14The Eurostoxx 50, which tracks blue-chip companies across the Eurozone,

00:18jumped up to nearly 5,000 points on pace for its strongest session since March 2020.

00:24National indices across the continent saw similarly powerful gains

00:28with Germany, Europe's biggest economy, seeing its DAX rallying to 8.5%.

00:34Asian markets also soared, with Japan's benchmark jumping more than 9%.

00:40Trump on Wednesday said the 90-day pause in the tariffs was for countries

00:44that have not retaliated against Washington's trade measures, excluding China.

00:49U.S. tariffs on Chinese imports were instead raised to 125%

00:54in response to Beijing's recent retaliatory tariffs.

00:58Analysts have warned that Trump's tariffs could disrupt global trade and the economy,

01:03something that could likely trigger a recession at home in the U.S.

01:07If not, that would be perfect, the Constitution,

01:12could basically minimize your price for Americans.

01:14In

Category

Transcript

Recommended