US EditionMarket volatility recedes as investors brush off Trump’s tariff threats
UNITED STATES AND BRAZIL, JUL 10 – Investors largely ignore President Trump's 50% tariff on Brazilian exports amid Brazil's promised retaliation, with markets showing only modest index shifts, analysts said.
- Market volatility has dropped to its lowest levels this year in recent days as investors largely shrug off President Trump's tariff threats.
- Following Trump's announcement, he cited plans for tariffs on Brazilian exports, retaliating for Bolsonaro's prosecution and aiming to correct an unfair trade relationship.
- Market indicators showed modest moves, with the S&P 500 and Nasdaq edging lower as investors rotated from high- to low-multiple stocks and coffee futures prices increased.
- Investors remain cautious ahead of the weekend, with analysts expecting a potential deal or delay as markets react calmly to tariff threats.
- Following the White House's pushback, the tariff implementation deadline is extended to August, with Brazil planning reciprocal tariffs in response.
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·Bangkok, Thailand
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ABC FOX Montana+14 Reposted by 14 other sources
Traders brush off new Trump threats to extend stocks rally
Stocks mostly rose Friday in Asia, tracking records in New York and London, as investors absorbed US President Donald Trump's latest tariff salvos amid optimism that most countries will strike a deal to avoid the worst of his levies.
·Missoula, United States
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Leaning Left4Leaning Right3Center7Last UpdatedBias Distribution50% Center
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C 50%
R 21%
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