Economy update
After announcing a 50% import tax on EU goods, the US president delayed the implementation of punitive measures until July 9. The move is in line with recent capricious policymaking and sent bond yields sharply lower, equities higher. The dollar is trying to recover. The index, which measures economic sentiment in the common currency area advanced from 93.8 in April to 95.1 this month, the European Commission found. Germany joined France, the UK and the US by removing range limits on weapons delivered to Ukraine.