The astonishing rebound in stocks since early April largely reflects investors' bet that U.S. President Donald Trump won't follow through on his tariff threats.

"Other trading partners observing these threats will have the same mistrust of the negotiation process," experts argue.

The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.

NATO Secretary-General Mark Rutte visits Washington for talks with President Trump on various geopolitical issues, including tariffs and military aid to Ukraine. Trump's tariff threats against the EU and Mexico,

Global investors got a harsh reminder of the risks around trade tariffs and U.S. President Donald Trump's deal-making on Saturday after he threatened fresh tariffs on his biggest trading partners in Europe and Mexico.

Four months since Trump fired the opening salvo of his trade war, only China and Canada have dared to hit back at Washington imposing a minimum 10 per cent global tariff, 50 per cent levies on steel and aluminium, and 25 per cent on autos.

Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.

Shares have opened mostly higher in Europe following gains in Asian markets despite lingering worries about President Donald Trump’s latest updates to his tariffs