Stocks Soar After Trump Backs Off Europe Tariffs

President Donald Trump called off new tariffs on Europe, and the stock market has taken off. Trump, in a post on Truth social, said he, alongside Secretary General of NATO Mark Rutte, has formed a "framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region." Due to the potential framework, he said he’s walking back on the imposition of tariffs on European allies.