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President Trump said over the weekend he's going to delay threatened tariffs on the European Union of 50 percent.
Dow Jones Industrial Average futures have soared by more than 500 points in pre-market trading this morning.
It was just last Friday that markets plummeted after Trump said he'd impose the EU tariffs.
Trump now says these won't take effect until July 9th.
French President Emmanuel Macron says he hopes President Trump's anger toward Russia will translate into action.
Trump has warned of possible U.S. sanctions on Russia after a huge Russian air assault this weekend on Ukraine.
NPR's Eleanor Beardsley reports.
Macron said he hoped Trump's indignation would result in the U.S. coming together with the Europeans for a much bigger sanctions package,
one that could, quote, dissuade Russia and finally bring an end to the conflict.
He added,
I believe that President Trump realizes when President Putin told him on the phone he was ready for peace that he was lying.
Friedrich Meyers, now says that Germany,
Britain and France will no longer impose restrictions on the use of their long-range weapons.
He said Ukraine can now defend itself by attacking military facilities in Russia.
Eleanor Beardsley, NPR News, Paris.