US Stocks Steady Amid Tariff Easing, Trade Concerns Persist

Global markets stabilized after U.S. President Donald Trump paused tariffs on Canada and Mexico, which initially caused investor panic. European automakers' stocks rallied as traders reacted to the temporary relief from tariff threats, although concerns linger about potential non-tariff barriers in future negotiations. Meanwhile, trade tensions with China remain unresolved, with Trump imposing a 10% tariff on Chinese goods while China retaliated with its own restrictions. Investor sentiment has shifted, suggesting that previous tariff threats may not be taken as seriously moving forward. Analysts noted a calming effect on stock markets as the immediate deadline for tariffs was extended, although continued volatility is expected. The overall market response indicates a cautious optimism amid ongoing trade negotiations and corporate earnings reports.