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Analyst: Trump's latest remarks talk about tariffs again, but the market's focus seems to have shifted.
Gate News bot message, Trump recently stated that the EU has not provided a fair protocol. Although there is a possibility of reaching a deal with Japan, their attitude is “tough.” He also pointed out that pharmaceutical tariffs are about to be introduced.
Some analysts have stated that Trump’s remarks mainly focus on tariff issues. However, the analyst believes that tariffs are no longer as important, as the July deadline for the (tariff suspension) will be extended if necessary, and the market has already absorbed an average tariff rate of 10%.
In addition, businesses are still considering the issue of a 10-20% tariff rate. The positive expectations for global economic growth now depend on Trump’s “beautiful big deal” and interest rate cuts. Negative outcomes in these areas could lead to a repricing of expectations and dampen risk sentiment.
Source: Jin Ten