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#TrumpWithdrawsEUTariffThreats 🚨 Breaking: Trump Cancels EU Tariffs Set for Feb 1
In a surprising move amid ongoing trade tensions, former President Trump has officially withdrawn planned tariffs on several European countries.
📈 Market Reaction:
U.S. and European stocks jumped as immediate trade fears eased.
Safe-haven assets like gold and the yen softened.
Short-term risk-off sentiment retreats.
⚠ Caution Ahead:
The cancellation reduces headline risk but doesn’t resolve underlying trade tensions.
Investors remain cautious, as uncertainty around broader U.S.–EU trade policy persists.
Analysts see this as a short-term boost, not a long-term trend changer.
💡 Takeaway: Markets celebrate relief, but structural risks remain. Watch policy developments closely!
#MarketUpdate #TradeNews #US_EU