Trump delays "50% tariffs on the EU" extension to July 9, US stocks and Bitcoin rebound by 109,000.

Trump postponed the imposition of tariffs on the EU, the US stock futures index rose, bitcoin rebounded, and the market temporarily respite. However, trade uncertainty and NVIDIA's earnings report remain key to the future. (Synopsis: Trader James Wynn's high leverage saga at Hyperliquid: from 6 million to 43 million magnesium) (Background added: Heavy PEPE made $25 million!) Why James Wynn is now spurned by the community) US President Donald Trump delayed his plan to impose 50% tariffs on EU imports until July 9, giving a brief respite to strained US-EU trade relations. According to Fortune, as soon as the news came out, U.S. stock index futures responded and bitcoin also rebounded, reflecting the market's optimistic expectations that the trade conflict may cool, Forex.com The data showed that the euro also climbed above 1.1380 against the dollar. However, it remains unclear whether this extension will resolve the haze of trade uncertainty over the global economy. The market focus has also shifted to technology giant NVIDIA, which is due to report earnings this week. Trade talks now turn around, tariff threat suspended The Trump administration previously proposed and suspended a 20% "reciprocal tariff" on the EU in April, and the sudden 50% tariff threat caught EU officials off guard. On his social media platform, Truth Social, Trump said talks with the EU had "gone nowhere" and blamed the bloc's value-added tax, fines and regulations for U.S. businesses. European Commission President Ursula von der Leyen responded on the X platform: "The EU is ready to move forward quickly and decisively with negotiations, and we need until July 9 to reach a good deal." Trump's decision on Sunday returned the talks to their pre-threat status quo, giving the two sides more than a month to seek consensus. Despite the delayed rise in U.S. stock futures, gold prices stalled after unsuccessfully hitting $3,367 an ounce, suggesting investors remain cautious about the potential impact of trade tensions. Uncertainty remains, technology earnings attract attention Despite the breathing space brought by the tariff extension, trade policy uncertainty (TPU) remains a market concern. According to CEPR research, a rise in the TPU index usually puts negative pressure on the stock market, potentially damping business investment and earnings expectations. The ongoing risk of a trade war is more likely to trigger widespread economic disruption. As the ECB points out, trade tensions have exacerbated volatility in US and European stock markets. At the same time, the market is highly focused on NVIDIA's earnings report and guidance to be released in the early hours of Thursday morning, which Fortune believes is crucial for the AI field and the market as a whole. U.S. companies reported strong first-quarter earnings, with Goldman Sachs analyzing earnings growth of 12% beating expectations. However, BOK Financial warned that the impact of tariffs on future earnings remains uncertain as it could push up prices and hit consumer demand. In addition, S&P Global Market Intelligence pointed out that although the technology industry is resilient, the outlook for industries that are highly dependent on international supply chains is still facing uncertainty. Overall, Trump's delay in imposing tariffs on the EU has brought temporary relief to markets and temporarily eased fears of an escalation in the trade war, but this is only a stopgap measure, and the shadow of trade protectionism has not dissipated, continuing to bring volatility to the market. In the coming weeks, the market will closely monitor the progress of the US-EU trade talks, as well as the earnings performance of tech giants such as NVIDIA. Related stories Trump: The United States is the leader in Bitcoin, and he brought good news at the TRUMP Meme Dinner Party? Bubble Mart LABUBU meme coin soared again, the third generation doll sale was snapped up "Trump suspended the "50% tariff on the EU" extended to 7/9, U.S. stocks and bitcoin rebounded 109,000 magnesium" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Blockchain News Media".