Also comments from German Chancellor Merz:
The goal is a quick solution, I am in close contact with Trump and Von Der LeyenThe EU is refraining from counter measures for now, but US should not underestimate willingness to respondThe threat of 30% tariffs on EU was of course ignored by the markets given the August 1 deadline and the usual TACO trade. Markets opened lower yesterday but eventually closed with gains.
Everyone got used to Trump's empty threats. To scare the market, Trump would need to place tariffs without deadlines, pauses or delays and retaliations would add fuel to the fire. For now, people just expect the deadlines to be postponed and deals to be eventually reached.
This article was written by Giuseppe Dellamotta at www.forexlive.com.Hence then, the article about eu spokesperson eu has no intention to retaliate before august 1 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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