Institutions: The Market Is Not Panicking Over Trump Tariffs
Odaily Planet Daily News: According to analysis by Jyske Markets, the market is showing some signs of nervousness ahead of the July 9 deadline for US tariff negotiations, but there is no sign of panic. Jyske noted that investors have adopted a wait-and-see attitude since the start of this week. Trump stated that tariff letters could be sent out as early as Monday to notify countries of new tariffs, while the US Secretary of Commerce indicated that the tariffs would not take effect until August 1. "Although there is some nervousness today, the market's reaction to the tariff situation appears to be much more relaxed, so a repeat of the panic seen after Liberation Day on April 25 is not expected." With little data scheduled for release this week, tariffs will remain the main focus. (Jin10)
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