# EUROPE Europe rallies after the 'good' phone call

> The euro and European stocks had fallen after Trump abruptly threatened 50% tariffs on EU imports, citing slow trade talks. Markets recovered after a phone call that eased tensions.

- Date: 2025-05-26 · published 2025-05-26T12:00:00.000Z
- Category: trade · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/24907-europe-europe-rallies-after-the-good-phone-call
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Tariff threats against the EU raise risk for transatlantic trade in agricultural goods, and the easing of the threat lowers near-term downside for trade flows and the dollar.

## Read by commodity

- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2025-05-25 | [Trump delays EU tariffs until July 9, European markets rally](https://feedsoft.ai/events/24903-trump-delays-eu-tariffs-until-july-9-european-markets-rally.md) | +0.7% | +2.3% |
| EURUSD | 2019-06-12 | [Far from 'devalued', euro surges as trade war hits yuan](https://feedsoft.ai/events/58808-far-from-devalued-euro-surges-as-trade-war-hits-yuan.md) | -1.1% | -0.5% |
| EURUSD | 2026-01-19 | [EUR/USD surges above 1.1640 as Trump escalates US–EU trade war](https://feedsoft.ai/events/7348-eur-usd-surges-above-1-1640-as-trump-escalates-us-eu-trade-war.md) | +2.5% | +2.0% |
| EURUSD | 2019-12-03 | [Euro holds gains vs dollar hit by trade tariffs and weak data](https://feedsoft.ai/events/55783-euro-holds-gains-vs-dollar-hit-by-trade-tariffs-and-weak-data.md) | -0.1% | +1.4% |
| EURUSD | 2025-03-13 | [EU wheat rises as export demand stirs](https://feedsoft.ai/events/5626-eu-wheat-rises-as-export-demand-stirs.md) | -0.4% | +1.1% |

## Sources

- reuters.com: https://www.reuters.com/world/europe/global-markets-view-europe-2025-05-26/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.