European shares climbed to an all-time high after the US Supreme Court struck down President Donald Trump's sweeping global tariffs. The ruling removed a major source of market uncertainty, sending European equity benchmarks sharply higher. European stocks had been under pressure from trade tensions, making this decision a significant relief for investors.

Trump's tariff policy had rattled global markets, with fears of retaliatory measures and supply chain disruptions. The Supreme Court's decision effectively ended the trade dispute, removing a key headwind for European exporters and multinational corporations. European markets responded with enthusiasm, pushing major indices to record levels.

The ruling represents a major shift in US trade policy and could reshape economic relationships across the Atlantic. European companies, particularly those with significant US exposure, stand to benefit from the removal of tariff barriers. The market's strong reaction underscores how deeply trade policy impacts investor sentiment and corporate earnings expectations.