President Trump finally announced his long-awaited “Liberation Day” tariff plan: a new 10% minimum tax on all goods entering the United States from overseas plus much-larger-than-expected “reciprocal” levies on imports from major trading partners such as China (34%),

The Ibex rebounds by 8% at the opening, with banks soaring. The reversal by Donald Trump in his tariff policy has given investors the confidence to breathe and Europe did not want to lag behind in the historic rebound seen yesterday on Wall Street,