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Thursday, January 8, 2026

European shares gain after Trump pushes back planned 50% tariffs on EU

HONG KONG (AP) — European shares closed higher and U.S. futures surged Monday after U.S. President Donald Trump said he would delay a threatened 50% tariff on goods from the European Union to July 9. Trump announced the decision to push back the higher import duties after a call Sunday with Ursula …

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