Trump: 30-procentiga tullar på varor från EU; “TACO” trade, Trump Always Chickens Out. - uppdaterad
Trump: 30-procentiga tullar på varor från EU
President Donald Trump unleashed his latest tariff ultimatums, declaring a 30% rate for Mexico and the European Union, as his trade agenda continues to keep allies off balance and inject uncertainty into global financial markets.
The EU had been hoping to conclude a tentative deal with the US to stave off higher tariffs, but Trump’s letter punctured the recent optimism in Brussels over the prospects for an 11th-hour agreement between the major economies.
He did, however, leave an opening for additional adjustments.
“If you wish to open your heretofore closed Trading Market to the United States, and eliminate your Tariff, and Non-Tariff, Policy and Trade Barriers, we will, perhaps, consider an adjustment to this letter,” Trump wrote.
Bloomberg 12 July 2025
“We absolutely believe the recent bullish price action in risk assets makes sense,”
The view reflects an increasingly common bet across Wall Street, known as the “TACO” trade, for Trump Always Chickens Out.
https://englundmacro.blogspot.com/2025/07/wall-street-bulls-are-very-hard-to.html
Wall Street Bulls 11 July, Yesterday, seems so far away...
https://englundmacro.blogspot.com/2025/07/wall-street-bulls-are-very-hard-to.html
Kommentarer