DAX 40 surges after US delays tariffs on EU

The German stock index DAX 40 rose rapidly on Thursday, gaining 8.37%. The unexpected US President Donald Trump's announcement of a 90-day suspension of new duties on imports from dozens of countries, including the European Union, contributed to this. The move eased trade tensions and provided a strong boost to market sentiment.

Investors on both sides of the Atlantic welcomed the decision as an opportunity for constructive dialog between the United States and the European Union. As a result, European stock indices rose strongly, with the EURO STOXX 50 jumping by 8.78% and the French CAC 40 increasing by 2.27%.

European Commission President Ursula von der Leyen said the US decision was an important move and reaffirmed the EU's commitment to “predictable and mutually beneficial trade relations”. Brussels also declared plans to strengthen economic integration within the bloc and diversify global trade partnerships, reducing reliance on individual countries or economic blocs.

Despite the markets' positive reaction, Invezz analysts warn that the announced trade pause is temporary. It expires in three months, while key duties on steel and aluminum remain in place.