EU-US Trade Deal Hopes to Boost These ETFs
From Nasdaq: 2025-05-27 11:30:00
Wall Street is expected to rebound due to potential EU-US trade deal after tariff delays. ETFs like SPY, QQQ, XLK, XLI, and VGK are likely to see significant movement.
The EU has agreed to hasten tariff negotiations with the US, alleviating fears of a trade war. Trump postponed a 50% tariff increase on EU products from June 1 to July 9.
Trump threatened a 50% tariff on EU goods, criticizing the bloc on trade negotiations. He warned of a potential 25% import tax on smartphones made outside the US.
Investors should prepare for volatility despite the tariff delay, as trade war risks persist. Want key ETF updates? Subscribe to Zacks’ free Fund Newsletter for weekly insights.
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