💼 A new development slows Europe's attempts to avoid U.S. tariffs
In an effort to avoid a new wave of high tariffs, the European Union has begun talks with the United States aimed at reaching a temporary agreement to limit the expected trade escalation.
However, a message from U.S. President Donald Trump added further complexity to the course of these talks, as it carried a sharp tone, leaving limited room for maneuver.
Despite the tough tone, some analysts believe the message did not completely close the door, but included signals of potential adjustments later.
Brian Jacobsen, Chief Economist at Annex Wealth Management, said:
> "The message carries many conditions, but not all of them are final... it is still possible to reach a settlement."
Markets reacted to the event cautiously,
but concerns remain limited, and negotiations have not stopped.
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📰 Source: Binance – dated July 12, 2025
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