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Analyst: Market Views Trump's Tariff Statement as Negotiation Strategy, Response Essentially Flat
Summary: According to sources, Danske Bank analyst Kirstine Kundby-Nielsen stated in a report that the fixed income market's reaction to US President Trump's announcement of a 30% tariff on the EU may be relatively muted. The EU hopes to have more time for negotiations to progress, thus indicating a delay in retaliatory measures against the US. ...
According to sources, Danske Bank analyst Kirstine Kundby-Nielsen stated in a report that the fixed income market's reaction to US President Trump's announcement of a 30% tariff on the EU may be relatively muted. The EU hopes to have more time for negotiations to progress, thus indicating a delay in retaliatory measures against the US. She stated: 'Our basic assessment remains that higher tariffs can be avoided before August 1. Currently, the market still views the tariff statement as Trump's negotiation strategy, hence the essentially flat response.'
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Link: Analyst: Market Views Trump's Tariff Statement as Negotiation Strategy, Response Essentially Flat [Copy]
