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CoinVoice has recently learned that Kirstine Kundby-Nielsen, an analyst from the research department of Danske Bank, stated in a report that the fixed income market's reaction to U.S. President Trump announcing a 30% tariff on the EU may be relatively subdued.
The EU hopes to have more time for negotiations to make progress, and thus announced it would delay its countermeasures against the United States. She stated: "Our fundamental judgment remains that higher tariffs can be avoided before they take effect on August 1." Currently, the market still views the tariff announcement as Trump's negotiation strategy, so the reaction has been relatively muted.