Markets responded dramatically to Trump's 90-day tariff pause announced the previous evening. The AEX opened with a 7% surge but experienced a chaotic start as the buying wave overwhelmed trading systems. By afternoon, global euphoria had subsided with the S&P 500 dropping 5.5% as investors feared Trump's China-specific 125% tariffs would still trigger further escalation.
The EU responded by suspending its planned counter-tariffs for 90 days, adopting what NRC described as a "Buddha-like" approach to avoid inflaming tensions. Meanwhile, housing markets showed rare signs of cooling as former rental properties entered the market, temporarily reducing prices.
Minister Keijzer announced significant rental regulation changes, allowing higher rents in major cities to prevent further conversion of rental units to owner-occupied homes. A 21-year-old Dutch soldier died during military exercises in Germany, and legendary football coach Leo Beenhakker passed away at 82.
