{"id":60105,"date":"2025-05-26T08:58:01","date_gmt":"2025-05-26T08:58:01","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/05\/26\/european-shares-rally-as-trump-gives-tariff-breather-to-eu\/"},"modified":"2025-05-26T08:58:01","modified_gmt":"2025-05-26T08:58:01","slug":"european-shares-rally-as-trump-gives-tariff-breather-to-eu","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/05\/26\/european-shares-rally-as-trump-gives-tariff-breather-to-eu\/","title":{"rendered":"European Shares Rally As Trump Gives Tariff Breather To EU"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks opened on a buoyant note Monday as U.S. President Donald Trump delayed the roll out of 50 percent tariffs on the European Union to July 9 from June 1, following a call from EU Commission President Ursula von der Leyen.<\/p>\n<p>&#8220;The EU and US share the world&#8217;s most consequential and close trade relationship. Europe is ready to advance talks swiftly and decisively. To reach a good deal, we would need the time until July 9,&#8221; Von der Leyen wrote on X.<\/p>\n<p>The pan European STOXX 600 jumped 0.9 percent to 550.26 after falling 0.9 percent on Friday. <\/p>\n<p>The German DAX climbed 1.6 percent and France&#8217;s CAC 40 gained 1.2 percent while the U.K. <span class=\"landLinks\">markets<\/span> were closed for the Spring Bank holiday.<\/p>\n<p>Automakers topped the gainers list as tariff-related pressures eased. <\/p>\n<p>BMW rose 1.3 percent, Mercedes Benz advanced 1.6 percent, Volkswagen added 1.4 percent and Renault rose 0.8 percent. <\/p>\n<p>Luxury stocks such as LVMH, Kering and Richemont were up around 1 percent each. <\/p>\n<p>Skanska AB rose over 1 percent on winning a contract to expand and renovate a correctional facility in Sweden for 1.3 billion kronor.<\/p>\n<p>Austrian utility and environmental services company EVN AG rallied 3.4 percent after reporting solid first-half results and maintaining its full-year forecast. <\/p>\n<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Shares Rally As Trump Gives Tariff Breather To EU<\/a><br \/>\n<br \/>2025-05-26 08:58:01<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks opened on a buoyant note Monday as U.S. President Donald Trump delayed the roll out of 50 percent tariffs on the European Union to July 9 from June&#8230;<\/p>\n","protected":false},"author":2,"featured_media":60106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-60105","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=60105"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/60106"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=60105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=60105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=60105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}