Institution: Market Not Alarmed by Trump Tariffs

BlockBeats News, July 7th. Analyst firm Jyske Markets believes that on the eve of the July 9th deadline for the U.S. tariff negotiations, the market showed some nervousness, but there was no panic. Jyske said that investors started the week with a certain wait-and-see attitude.

Trump stated that the tariff letter would be sent out as early as Monday, notifying countries of new tariffs, while the U.S. Secretary of Commerce stated that the tariffs would not take effect until August 1st. "Despite some nervousness today, the market's response to the tariff situation seems much more relaxed, so it is expected that a panic situation like the one after April 25th Liberation Day will not be repeated." Data is light this week, with tariffs being the main focus. (FXStreet)