Live Stocks are getting clobbered as Trump's China trade war intensifies. See the latest. CCY - Delayed Quote • CHF EUR/CHF (EURCHF=X) Follow 0.9258 -0.0126 (-1.34%) As of 5:24:27 PM GMT+1. Market Open. Related Currencies News EU to Pause Retaliatory Tariffs The European Union will suspend its first wave of retaliatory duties against the U.S. for 90 days to focus on negotiations, after the Trump administration paused some global tariffs, a top EU official said. What should investors do after Trump's tariff U-turn? The US president's U-turn on many tariffs has driven the latest swing in stocks, serving as another reminder as to how quickly sentiment can switch in markets. UK mortgage lenders cut rates after Trump tariffs Find out the latest mortgage rates and deals from HSBC, NatWest, Santander, Barclays and more. Trending tickers: TSMC, Trump Media, US Steel, Novo Nordisk and Tesco The latest investor updates on stocks that are trending on Thursday. Pound rises amid Trump's tariff U-turn Trump’s decision to pause tariffs for 90 days in a dramatic shift offered some relief to jittery markets. Wall Street falls, FTSE rises as traders weigh up US inflation data and tariff U-turn Trump announced that he was halting a levy hike for almost all nations for 90 days, whilst raising tariffs on Chinese exports to 125%. EU Chief Welcomes Trump Tariff Pause European Commission President Ursula von der Leyen said she welcomes President Trump’s decision to pause some tariffs, calling it an important step toward stabilizing the global economy. The move came after European Union member states approved a plan on Wednesday to retaliate against U.S. steel and aluminum tariffs with duties on about 21 billion euros worth of American products, equivalent to about $23 billion. “Clear, predictable conditions are essential for trade and supply chains to function,” von der Leyen said early Thursday. UK housing market outlook weakens as trade war sparks uncertainty Stamp duty rise and Trump's tariffs hit sentiment as buyer demand drops. Europe Plows Ahead With Retaliatory Tariffs The European Union is moving ahead with imposing tariffs on a wide range of American products—including chewing gum, motorcycles and peanut butter—in retaliation for U.S. steel and aluminum duties. The tariffs target about 21 billion euros, or roughly $23 billion, of U. UK gilt yields spike as Trump's trade war sparks 'fire sale' of US treasuries UK 30-year gilt yields reached their highest point since 1998 on Wednesday, after the US president imposed new tariffs. Best credit card deals of the week, 9 April Discover the best credit cards to save money, earn rewards and travel smarter. Trending tickers: Apple, Advanced Micro Devices, Ford, BP and AstraZeneca The latest investor updates on stocks that are trending on Wednesday. Oil drops to four year low as fears of global recession rise Pound and gold prices climb as Trump pushes ahead with sweeping tariffs Should you buy gold as Trump tariffs sparks surge in demand? Outlets selling bullion bars and coins are seeing a surge in demand as stocks crater amid the US president's trade war. China's Growth Could Fall 2.4 Percentage Points With 100% Tariffs, Goldman Says The roughly 100% U.S. tariff on Chinese goods set to go into effect Wednesday would reduce the growth of China’s economy by some 2.4 percentage points, according to Goldman Sachs. Beijing has set a growth target of 5% for this year. Goldman is forecasting 4.5% growth, while noting downward risks to its expectations. Europe Rushes to Prepare Second Phase of Tariff Fightback The European Union’s executive arm is scrambling to assemble a package that will respond to President Trump’s 20% across-the-board tariffs and automotive duties. The European Commission could present EU member states with a plan as soon as next week, a spokesman said. States will vote Wednesday on a first phase of retaliation, in response to earlier U.S. metals tariffs, that involves duties on U.S. goods including boats, peanut butter and motorcycles. Trending tickers: Tesla, US Steel, Broadcom, Levi's and Porsche The latest investor updates on stocks that are trending on Tuesday. Tariff Relief Hopes Drive Japan's Nikkei Up 6% The Nikkei Stock Average jumped 6% Tuesday, helped by the news that Japan and the U.S. were preparing to start talks over what Tokyo could do to avert President Trump’s tariffs. Treasury Secretary Scott Bessent said Japan was likely to be prioritized in trade talks “because they came forward very quickly.” The mood in Tokyo was also helped by Monday's relatively upbeat end to U.S. trading. Pound bounces back as investors ramp up Fed rate cut bets Gold prices bounced back as concerns over a global trade war increased investor appetite for safe-haven assets. FTSE and US stocks rebound as optimism for tariff deals outweighs China uncertainties Stocks have rallied on the back of hopes for new trade deals, as the US started talks with Japan