Wall Street Set to Rebound as Trump Delays EU Tariff Threat

​U.S. stock futures surged Monday night after President Trump announced a delay in his proposed 50% tariffs on European Union imports, giving markets a much-needed breather. The new deadline—July 9—is aimed at allowing more time to reach a trade deal, following a request from European Commission President Ursula von der Leyen.

Dow futures rose 1.29%, S&P 500 futures climbed 1.5%, and the Nasdaq 100 jumped 1.71%, pointing to a strong open Tuesday after a holiday-shortened weekend.

The move comes after markets sold off sharply last week. On Friday alone, stocks tumbled after Trump floated the tariff threat, calling the EU “very difficult to deal with.” The Dow fell 2.5% for the week, while the S&P 500 and Nasdaq each dropped 2.6% and 2.5%, respectively.

While stocks surged on the tariff delay, other assets were mixed. Bitcoin fell below $109,000, while gold and oil dipped modestly.

The EU’s top trade negotiator confirmed “good calls” with U.S. officials and expressed commitment to finalizing an agreement before the July deadline. Still, with Trump’s history of shifting positions, investors remain cautious.

Bottom line: A tariff pause has revived market optimism—but it may be temporary. The July 9 deadline looms large, and investors are bracing for another round of volatility if negotiations falter.







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