US EditionInvestors head into Trump tariff deadline benumbed and blase
UNITED STATES, JUL 6 – President Trump will send tariff letters to 12 countries with rates up to 70% as markets stay calm and S&P 500 hits record highs, despite looming August 1 deadline.
- Investors approached President Trump's tariff notification deadline on July 9 with subdued reactions amid cautious market activity worldwide.
- This followed Trump's April proposal of tariffs ranging from 10% to 70% on countries without trade deals and the expiration of a 90-day tariff pause.
- Japanese stocks fell modestly as the Nikkei declined 0.56% to 39,587.68 and Yaskawa Electric dropped 10.29% after cutting its annual profit forecast due to tariff uncertainties.
- Jeff Blazek said the market has become "more comfortable, more sanguine" on tariff news, while Paul Donovan warned inflation effects may not appear until January next year if policies persist.
- These developments suggest markets have largely absorbed tariff risks so far, but heightened costs and delayed inflation pressures could influence global trade and corporate outlooks going forward.
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Why investors are unbothered by Trump’s ongoing tariff chaos
President Trump’s latest tariff salvo—threatening 10%-70% levies on non-deal countries and an extra 10% for BRICs—would once have rattled markets. Instead, the S&P 500 now sits at a record high (6,279.35), with volatility muted and the VIX “fear” index dormant. Analysts say investors now treat policy chaos as background noise; uncertainty is simply the new certainty. President Trump said last night he will begin sending letters to the various co…
·New York, United States
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Total News Sources25
Leaning Left2Leaning Right4Center8Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
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