On August 13, #迷因币情绪 7, analysts indicated that the financial markets, which are increasingly insensitive to U.S. tariff threats, will face a test when they open on Monday. This comes after Trump announced over the weekend that a 30% tariff would be imposed on the EU and Mexico starting August 1. Recently, Trump has intensified trade measures, promising to impose more tariffs on all countries from Canada to Brazil to Algeria, and invited trade partners for further negotiations. Despite warnings from JPMorgan CEO Jamie Dimon and others not to be complacent, so far, investors' reactions seem to anticipate that the U.S. president will concede again, as they have already witnessed a previous 180-degree turnaround. Brian Jacobsen, Chief Economist at Annex Wealth Management, stated: 'Investors should not merely dismiss Trump's 30% tariff threat on EU goods as bluster; this level of tariff is punitive, but may harm the EU more than it impacts the U.S., so time is running out.'
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