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Autos, pharma, luxury and more: The global sectors soaring after Trump's tariffs walkback

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Summary
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73% Informative

European stocks soared on Thursday after U.S. President Donald Trump 's jarring about-turn on most tariffs.

Tensions between Washington and Beijing remain high, however, with Trump ratcheting up duties on goods from China to 125% and citing a "lack of respect" - Auto giants posted sharp gains, with Germany 's Volkswagen , BMW and Mercedes-Benz Group all up more than 9% .

The banking sector notched some of the sharpest gains at the Thursday market open, higher by 8.61% as it recovered from deep declines in previous sessions.

VR Score

84

Informative language

92

Neutral language

12

Article tone

formal

Language

English

Language complexity

57

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not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

Time-value

short-lived

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