Kirstine Kundby-Nielsen, an analyst at Danske Bank Research, said in a note that the reaction of fixed income markets to U.S. President Donald Trump's announcement of 30 percent tariffs on the European Union could be relatively muted.
The European Union wants more time to make progress in the talks, so it said it would delay countermeasures against the United States. "Our basic judgment remains that higher tax rates can be avoided before they come into effect on August 1," she said. At present, the market still regards the tariff announcement as Trump's negotiating strategy, so the reaction is basically muted. (Jin Ten)
Analysts: The market sees Trump's tariff announcement as a negotiating tactic, and the reaction is largely muted
2025-07-14 06:10:00
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