Jin10 data July 14 news, Edmond de Rothschild Asset Management stated in a report that President Trump threatened to impose a 30% tariff on the EU, but as long as trade negotiations continue, any protocol could be beneficial for the European economy. The company stated: "Any protocol would be a good signal for the (European) economy, and if Europe decides not to take retaliatory measures, it can avoid higher inflation risks." The asset management company also noted that this would allow the Central Bank of Europe to push for the final rate cut. However, the company pointed out that if trade uncertainty persists until 2026, it could have lasting effects on inflation in the U.S.
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Analysts: Any tariff protocol could be beneficial for the European economy.
Jin10 data July 14 news, Edmond de Rothschild Asset Management stated in a report that President Trump threatened to impose a 30% tariff on the EU, but as long as trade negotiations continue, any protocol could be beneficial for the European economy. The company stated: "Any protocol would be a good signal for the (European) economy, and if Europe decides not to take retaliatory measures, it can avoid higher inflation risks." The asset management company also noted that this would allow the Central Bank of Europe to push for the final rate cut. However, the company pointed out that if trade uncertainty persists until 2026, it could have lasting effects on inflation in the U.S.