WASHINGTON —

Stocks surged today after President Donald Trump paused a new round of tariffs against the European Union, reigniting trade talks that could bring relief to American consumers and businesses.

The EU's chief negotiator confirmed "good calls" with U.S. officials and stated that Europe is "fully committed" to reaching a deal.

President Trump said his tariff threat forced the EU back to the negotiating table, expressing satisfaction with the response to his 50% tariff threat, which is now delayed until July 9. He said the 27-nation bloc had been "slow-walking" talks until now but noted new meetings are being scheduled, calling it a positive event.

Kevin Hassett, U.S. National Economic Council Director, said, "The problem with the EU is that they have so many countries that dis

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