US Edition‘Buckle up, This Ride’s Far From over': Trump’s EU Tariffs Delay Is No Guarantee Trade Tensions Won't Escalate, Market Watchers Say
- Following a conversation with the head of the European Commission, President Donald Trump agreed to postpone the implementation of 50% tariffs on imports from the European Union from June 1 to July 9.
- The delay came amid rising trade tensions and stalled negotiations that Trump criticized as unproductive, while the EU conveyed its willingness to move forward with discussions promptly and with determination.
- The tariff postponement triggered a rally in Wall Street futures and European stocks, as investors received temporary relief despite ongoing concerns about a potential trade war and economic uncertainty.
- Analysts cautioned that the limited time frame before tariffs are scheduled to take effect may not allow for a fully detailed agreement, and warned that if the U.S. Imposes broad 20% or 30% tariffs on EU goods, Europe is likely to respond with strong retaliatory actions.
- Market watchers emphasized that substantial uncertainty remains, suggesting volatility could continue and that the EU-US trade situation remains a high-stakes process with much still at risk.
13 Articles
13 Articles
‘Buckle up, this ride’s far from over': Trump’s EU tariffs delay is no guarantee trade tensions won't escalate, market watchers say
Investors are being warned to "buckle up" for more volatility after U.S. President Donald Trump delayed the roll out of 50% tariffs on the European Union.
The dollar index bounces around 99.50 as commercial tensions decrease, but the bearish pressure persists - World Stock Market
The DXY index is quoting about 99.50, rising around 0.75% in the day. President Trump’s decision to delay 50% tariffs on EU imports raises short -term feeling. Alcistas need a sustained daily closure above 100.50 to cancel the bassist perspective. The US dollar index (DXY), which tracks the value of the US dollar (USD), is pushing up as market participants respond to the decrease in commercial tensions. The markets are obtaining a new optimism o…
‘Buckle up, this ride’s far from over': Trump’s EU tariffs delay is no guarantee trade tensions won't escalate, market watchers say - Daily news Update
President Donald Trump meets with European Commission President Ursula von Der Leyen at the World Economic Forum, Tuesday, Jan. 21, 2020, in Davos, Switzerland. Evan Vucci | AP Photo Investors should “buckle up” for more volatility as the potential for a trade war has not completely dissipated despite U.S. President Donald Trump’s delay of rolling out 50% tariffs on the European Union, analysts warn. Trump announced on Sunday that he had agreed…
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