Asia shares rise after Trump extends the date on which its fees were imposed on the European Union

US and European equity indicators rose with Asia shares on Monday, after US President Donald Trump expanded the final deadline to set up strict customs on Europe, amid constant fluctuations due to markets ruining the markets. S&P 500 and Nasdac 100 indices advanced about 1%, while the Euro Stox 50 index rose by 1.4%. Trump announced earlier that he had agreed to postpone the imposition of customs duties by 50% on the commodities that came from the European Union until July 9, after it was scheduled on June 1. The dollar index fell 0.3% to the lowest level since December 2023. Asian stocks rose 0.3%. Oil recorded minor profits, while futures for US treasury bonds fell and gold fell 0.2%, due to poor demand for safe assets. Treasury effects will not be distributed during the Asian trading hours on Monday due to the “birthday day” holiday in the United States. An increasing ambiguity in the markets reflects the steps of Trump, the growing ambiguity in the markets, as its sharp statements against Europe on Friday were a blatant reminder of his volatile policy. The trade war has returned as a major driver of the markets, after concerns about the tax cuts that Trump proposed and its impact on the US deficit was by trading most of the past week. “There was a clear pattern in Trump’s fees strategy, threats to laying heavy fees, followed by a temporary stop, during which negotiations could be allowed,” said Tim Water, chief market analyst at KCM Tshalat in Sydney. He added: “Investors have started to get to know what is similar to Trump’s guide for customs duties, and what is currently happening to the European Union is the latest example of this repeated approach.” Trump’s decision to extend the deadline came after a phone call with Ursula von der Line, president of the European Commission. In a post on the “X” platform on Sunday, Von der Line, who leads the executive arm of the European Union, said “Europe is ready to move quickly and decisively in negotiations”, but added that “the conclusion of a good agreement time needs until July 9,” originally specified for completing the 90 -day stop. Trump is threatening “Apple” and “Samsung”, which also includes Trump’s threats on Friday, which imposes 25% fees on smartphones, as companies such as “Apple” and “Samsung Electronics” did not transport manufacturing to the United States. The shares of “Samsung” fell 0.2%. “Let’s be clear: The risks still exist that these are only temporary stops; we haven’t seen any structural changes in the fees yet,” said Josh Gilbert, a market analyst at ‘Itoro’ in Sydney. He added: “These stops may be good at the moment, but during this period we need to see more similarities to confirm that Trump’s approach is really more negotiable.” The poor demand for US assets shows poor demand for US assets through the performance of the dollar. Trump’s customs threats and the risk of aggravation of the financial deficit affect the severity of the green currency. The enthusiasm for the global reserve currency has disappeared this year, and the speculators remained in a falling position against the dollar, but they reduced their positions to $ 12.4 billion in the week ending on May 20, compared to $ 16.5 billion in the week before, according to the CFTC data. “The transformation against the US dollar has grown stronger with the response of traders to Trump’s volatile policy,” says Garfield Reynold, marketing strategy analyst. He added that “the poor performance of the dollar emphasizes the loss of trust in US management and credibility, which will push the prices that investors will be ready to pay in exchange for US assets.” An important expected data. Investors are also preparing to issue the preferred index of the Federal Reserve for Embolicia, that is, the price of personal consumption costs in the United States, which excludes food and energy, released on Friday. Expectations indicate that April reading will rise by 0.1%. Elsewhere, the indicators of the crowds of Northern Europe and other centers indicate that commercial wars can lead to naval disorders around the world, increasing the cost of shipping. Meanwhile, the most important commercial negotiator of Japan Riosi Akazawa indicated that he was aimed at resolving the drawing negotiations before a June meeting was scheduled between Trump and Japanese Prime Minister Shikiro Eshiba, to a sudden shift from the US president who made a partnership between two steel industry. Trump announced a partnership between the US “United Steel Corp” and Japanese “Nippon Steel Corp” on Friday, in a step that surprised the markets, indicating that the agreement would hold the US company that was once an icon in the country, in the United States without providing additional details. The shares of “Nippon Steel” rose by to 7.4% in Tokyo, while the shares of “USS Steel” rose by 21% on Friday. In the commodity markets, the oil rose and gold fell in the early two trading.