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and that the EU was “fully committed” to reaching a trade deal by the July 9 deadline.Just last week, Trump had said on social media that trade talks with the European Union “were going nowhere” and that “straight 50%” tariffs could go into effect on June 1.
Markets welcomed the news.The future for the S&P 500 gained 1.3%, while that for the Dow Jones Industrial Average advanced 1%. The future for the Nasdaq composite rose 1.4%.Germany’s DAX added 1.5% to 23,977.83 and the CAC 40 in Paris rose 1% to 7,810.49.
Markets were closed in Britain for a holiday.In Asian trading, Tokyo’s Nikkei 225 climbed 1% to 37,531.53, while the Kospi in Seoul picked up 2% to 2,644.40.
But most other regional markets declined.
Hong Kong’s Hang Seng lost 1.4% to 23,282.33 and the Shanghai Composite Index fell 0.1% to 3,346.84.handles, with a first Instagram post on Tuesday repeating the first words he said to the world as pope: “Peace be with you all!”
The @Pontifex – Pope Leo XIV post featured some of the photos that have documented the first days ofThe Vatican said it was archiving the posts from
’ 12-year papacy. On X, the new account didn’t appear to be active Tuesday.The Vatican launched the @Pontifex handle in 2012 during the pontificate of Pope Benedict XVI. It now comes in nine languages -- English, Spanish, Portuguese, Italian, French, German, Polish, Arabic, and Latin -- and counts a combined 52 million followers.