U.S. tariff reprieve propels Vienna Stock Exchange for an 8.8% surge

U.S. tariff suspension sparks European stock surge; Euro Stoxx 50 jumps by 7.7%, Vienna Stock Exchange experiences a greater increase

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2025 September 13 . 10:45 AM

2 min read

Vienna's Stock Exchange Records a 8.8% Growth Following Lift of US Tariffs

U.S. tariff reprieve propels Vienna Stock Exchange for an 8.8% surge

In a surprising turn of events, US President Donald Trump announced a series of tariff changes that have sent shockwaves through the global economy.

Trump revealed his intention to increase the tariff on Chinese imports from 104 to 125 percent, further escalating the confrontation with China. However, he also announced a 90-day pause on certain tariffs for some countries. During this period, a flat tariff of 10 percent will apply. Trump also stated that he would significantly reduce the new tariffs. A basic tariff of 10 percent remains in effect for almost all imports into the US.

The US leading index, the Dow Jones Industrial, closed almost 8 percent higher after the US President's decision to suspend certain tariffs. The tech-heavy Nasdaq-100 rose by 12 percent, while the S&P 500 experienced a notable increase as well.

The positive sentiment extended to Europe, with the major European stock markets starting trading with massive gains on Thursday. The Euro-Stoxx-50, the leading index for the Eurozone, jumped by 7.49 percent. The DAX in Frankfurt rose by 7.49 percent to 21,144.09 points, and the FTSE-100 in London increased by 5.51 percent to 8,102.81 units. The local leading index ATX in Vienna jumped by 8.8 percent to 3,867.35 points in the first trading minutes.

The gains in European stock markets may be attributed to a delay in certain US tariffs. However, economist Marcel Mußler, who has been commenting on the trade war situation, expressed concerns about unpredictable risks to the economy caused by escalating trade conflicts. Mußler predicted that Trump would continue to stir up the mood with tough talk, and trust in him remains shattered.

Mußler, who is a chart-oriented securities analyst, wrote that there's a sigh of relief, but this is "no reason to declare the next bull market." He emphasized that the ongoing trade war with China poses difficult-to-calculate risks.

As the global economy navigates these uncertain times, investors will be closely watching developments in the trade war between the US and China, with the hope that a resolution can be found to stabilize markets and foster economic growth.