Analyst: Market Views Trump’s Tariff Statement as a Negotiation Tactic, Reacts Calmly

According to a report by Jinse Finance, Kirstine Kundby-Nielsen, an analyst at Danske Bank Research, stated that the fixed income market's reaction to U.S. President Trump's announcement of a 30% tariff on the European Union may be relatively muted. The EU hopes to allow more time for negotiations to progress and has therefore indicated it will delay its countermeasures against the U.S. She said, "Our baseline assessment remains that higher tariffs can be avoided before they take effect on August 1." Currently, the market still views the tariff announcement as part of Trump's negotiation strategy, so the reaction has been largely subdued. (Jin10)