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Agency: Markets are not panicking about Trumps tariffs
Odaily News Analysis agency Jyske Markets believes that on the eve of the July 9 deadline for US tariff negotiations, the market showed some nervousness, but no panic. Jyske said that investors started the week with a wait-and-see attitude. Trump said that tariff letters will be sent as early as Monday to notify countries of the new tariffs, while the US Secretary of Commerce said that the tariffs will not take effect until August 1. Although there is some nervousness today, the market seems to be much more relaxed in its response to the tariff situation, so the panic situation after Liberation Day on April 25 is not expected to repeat. Data this week is light, and tariffs will be the main focus. (Jinshi)
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