Institution: The market may view the extension of the U.S. tariff delay as a positive signal

ChainCatcher news, BMI stated in a commentary that the market may interpret the extension of the U.S. tariff suspension deadline as positive news. U.S. President Trump announced on Monday that the negotiation agreement would be extended for three weeks.

Institutions indicated that this suggests he has taken a somewhat pragmatic approach. "This reduces the risk of a sudden significant increase in tariff rates." However, negotiations may prove to be complex.

BMI stated that some trade agreements may be vague in details and could ultimately become a framework rather than a formal agreement. "We do not rule out the possibility that some deals may be postponed until September or October, and in some cases, final details may take longer to reach a complete consensus."