Trump, Apple and tariffs
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The delay offers the bloc a reprieve from the threatened 50% tariffs set to go into effect on June 1.
U.S. futures have turned sharply higher and Asian shares mostly fell after U.S. President Donald Trump said he would delay a threatened 50% tariff on goods from the European Union to July 9 from June 1.
Stocks start lower as investors worry about tariffs and Treasury yields as President Donald Trump's tax bill continues to travel through Congress.