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AuspiciousSnowHeraldsvip
· 07-13 06:57
Analysts: Trump’s weekend tariff increase once again challenges market resilience. Reports indicate that the financial markets, which are becoming increasingly insensitive to American tariff threats, will face a test when they open on Monday. This comes after Trump announced over the weekend that a 30% tariff would be imposed on the EU and Mexico starting August 1. Recently, Trump has ramped up trade measures, pledging to impose more tariffs on all countries from Canada to Brazil to Algeria, and inviting trade partners for further negotiations. Although warnings from figures like JPMorgan CEO Jamie Dimon not to be complacent have been issued, so far investors’ reactions seem to be relying on the expectation that the U.S. president will make concessions again, as they have seen a previous 180-degree turn. Brian Jacobsen, chief economist at Annex Wealth Management, stated: "Investors should not simply take Trump’s threat of a 30% tariff on EU goods as bluster; this level of tariff is punitive, but may hurt the EU more than it impacts the U.S., so time is running out."
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Xiaobaihevip
· 07-13 05:30
Good afternoon🌹
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