Analysts: The market views Trump's tariff statement as a negotiation strategy, with a generally muted reaction
ChainCatcher news, Danske Bank research analyst Kirstine Kundby-Nielsen stated in a report that the fixed income market's reaction to President Trump's announcement of a 30% tariff on the EU may be relatively muted.
The EU hopes for more time to make progress in negotiations, and thus has indicated it will delay countermeasures against the U.S. She stated, "Our basic judgment remains that higher tariffs can be avoided before they take effect on August 1." Currently, the market still views the tariff announcement as part of Trump's negotiation strategy, so the reaction has been generally subdued.
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