CoinVoice has learned that Kirstine Kundby-Nielsen, an analyst from Danske Bank's research department, stated in a report that the fixed income market's reaction to U.S. President Trump's announcement of a 30% tariff on the EU may be relatively subdued.

The EU hopes for more time to make progress in negotiations and has indicated it will delay countermeasures against the U.S. She stated, "Our fundamental judgment remains that higher tax rates can be avoided before they take effect on August 1." Currently, the market still views the tariff announcement as a negotiation tactic from Trump, hence the reaction is generally muted. [Original link]