According to ChainCatcher, BMI stated in a comment that the extension of the tariff suspension deadline by the U.S. could be interpreted as positive news by the market. Trump announced that the negotiation agreement would be extended for three weeks, reducing the risk of a sudden significant increase in tariff rates.
BMI pointed out that the negotiations could be complex, and some trade agreements might be vague in details, ultimately becoming frameworks rather than agreements. Some transactions may be postponed until September or October, and the final details may take longer to reach consensus.