CNBC Daily Open: Trump calls off tariffs on Europe, but nations are still walking a diplomatic tightrope

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US President Trump has called off tariffs on Europe, but diplomatic tensions remain high as nations navigate a delicate balance at the Davos conference.

Market Impact

Market impact analysis based on neutral sentiment with 70% confidence.

Sentiment
Neutral
AI Confidence
70%
Time Horizon
Short Term

Article Context

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The developments capped a striking day at Davos, whose theme this year was "A Spirit of Dialogue," even as discussions were dominated by frayed alliances.

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Original article published by CNBC on January 22, 2026.
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