Analyst: Trump raises tariffs again over the weekend, challenging market resilience.

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CoinVoice has learned that, according to Jin10 reports, analysts indicate that the financial market, which is becoming increasingly insensitive to the threat of U.S. tariffs, will face a test when it opens on Monday. This comes after Trump announced over the weekend that a 30% tariff would be levied on the EU and Mexico starting August 1. Recently, Trump has intensified trade measures, promising to impose more tariffs on all countries from Canada to Brazil to Algeria, and has invited trading partners for further negotiations. Although JPMorgan CEO Dimon and others have issued warnings not to be complacent, so far, investors' reactions seem to expect that the U.S. president will make concessions again, as they have already witnessed a previous 180-degree turnaround.

Brian Jacobsen, Chief Economist at Annex Wealth Management, stated: "Investors should not merely view Trump's threat of a 30% tariff on EU goods as bluster; this level of tariff is punitive, but it may harm the EU more than it affects the U.S., so time is running out."

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GateUser-9fae1859vip
· 10h ago
Just go for it💪
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