On March 23, U.S. President Trump stated that due to a deadlock in trade negotiations with the EU, he had suggested imposing a 50% tariff, which was set to go into effect on June 1. However, today there is a turning point, as Trump has announced that the EU has requested to quickly set a date for talks. As this news broke, all four major U.S. stock indices opened higher, with NVIDIA and TSMC ADR also showing upward trends.

In a post on the social media platform Truth on March 27, Trump expressed satisfaction with the proposed 50% tariff on the EU, especially given their 'slow progress' in negotiations with the U.S. He emphasized that if the U.S. could not reach an agreement or was treated unfairly, he had the right to 'promote' a trade agreement.

Trump further pointed out that the EU's request to quickly finalize a meeting date is a positive development. He hopes that the EU will ultimately open trade with the U.S., just as he had previously requested from China. If the EU does this, both sides will be very pleased and successful. Simultaneously, the U.S. stock market received a boost, with the Dow Jones Industrial Average soaring over 400 points at the open and the Nasdaq rising nearly 300 points. AI giant NVIDIA surged over 2%, while TSMC ADR also rose by 2.01%.