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Institution: Market Not Alarmed by Trump Tariffs

4 hours ago

July 7th. The analyst firm Jyske Markets holds the view that on the eve of the July 9th deadline for the U.S. tariff negotiations, the market exhibited a certain degree of nervousness, yet there was no panic. Jyske mentioned that investors began the week with a certain wait-and-see stance. Trump declared that the tariff letter would be dispatched as early as Monday, notifying countries of new tariffs. Meanwhile, the U.S. Secretary of Commerce stated that the tariffs would not come into effect until August 1st. "Although there is some nervousness today, the market's response to the tariff situation appears to be much more relaxed. Therefore, it is expected that a panic situation similar to the one after April 25th Liberation Day will not occur again." This week, there is relatively light data, with tariffs being the main focus. (FXStreet)
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