Stocks rise after Trump backs off tariff threats tied to Europe and Greenland
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U.S. stocks climbed again after President Donald Trump backed off threats involving additional tariffs on Europe and talk of taking Greenland by force. Investors interpreted the shift as a reduction in near-term policy risk. The rally rewarded recent “dip buyers” who had been betting on a rebound.
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Key Entities
- • Donald Trump - U.S. president linked to tariff and Greenland rhetoric
- • U.S. stock market - Major indexes responding to policy signals
- • Europe - Region referenced in tariff threats
- • Greenland - Danish autonomous territory mentioned in dispute
- • Tariffs - Trade tool that can raise import costs and spark retaliation
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