In a surprising turn of events, the EU has decided to pause its counter-tariffs on US products following President Trump’s retreat from a proposed tariff hike. This move comes amidst a backdrop of fluctuating US stock market reactions and mixed signals from Wall Street.

Key highlights:

• The EU’s pause on counter-tariffs could signify a temporary easing of trade tensions.
• Wall Street is reacting cautiously, with stocks predicted to tumble as reality sets in.
• Experts warn that while this may seem like a win, the underlying issues remain unresolved.

Read on for the full story.