Eh, What's Up, Doc? Trump's Tariff Tango Keeps Europe Hopping!

Of Course There's Tariffs!

Eh what's up doc? It's your favorite hare reporting live from the financial burrow! Seems like things were gettin' a little dicey over in Europe. That Trump fella he was threatenin' to slap a whopping 50% tariff on EU goods! Can you believe it? Fifty percent! That's enough to make any bunny's ears droop. He was all like 'The EU's being very difficult,' and trade talks were 'going nowhere.' Sounds like someone needs a good ol' carrot smoothie to chill out if you ask me!

A Delay? What a Maroon!

But hold on to your cotton tails folks! Just when it looked like the situation was about to turn into a real Acme style disaster Trump did a little soft shoe shuffle. After a chat with some fancy EU lady – Ursula von der Leyen no less – he decided to delay those tariffs until July 9th. July 9th! That's like givin' Wile E. Coyote another chance to catch the Road Runner. Always delaying the inevitable!

Europe Bounces Back Doc!

Well you can bet your bottom dollar that the European markets were doin' the jitterbug! The pan European Stoxx 600 jumped up 1% with every sector dancin' in the green. Even the French CAC 40 and Germany's DAX got in on the act soaring 1.2% and 1.6% respectively. 'I knew I shoulda taken that left turn at Albuquerque!' Seems like those crazy Europeans knew what they were doing after all.

Vroom Vroom It's the Auto Industry!

Now the auto industry was really sweatin' bullets see? They're super sensitive to these tariff threats 'cause vehicles and machinery are the EU's biggest exports to the U.S. But after Trump's little backtrack they revved their engines and closed 1.7% higher. German carmakers like BMW and Mercedes Benz were struttin' their stuff and Volkswagen was jumpin' higher than me escaping Yosemite Sam.

Pharma Leaps Ahead!

And get this doc some company called Zealand Pharma went completely bonkers! Their shares went up 10%! That's like finding a whole field of carrots after thinking you were lost in the desert. Some analyst guy was sayin' they were undervalued whatever that means. All I know is someone's havin' a good day!

That's All Folks! (For Now)

So there you have it folks! Another crazy day in the world of finance reported by yours truly. Remember folks sometimes you gotta be a little bit silly to survive. As Pogo said 'We have met the enemy and he is us!' But that's another story. For now this is Bugs Bunny signin' off. And remember keep hoppin'!