Trump's tariff threat then backdown cycle - market sees "boy who cried wolf" ...Middle East

Vanguard:

investors expect the steep 50% tariff proposal on imports from the E.U. to be negotiated down, similarly to what happened with Chinamarket has slowed down now because it's happened before, and we know what happened before "It's kind of like the boy who cried wolf"administration is not crazy, they have a plan and there is a limit," to how far they will go

Barclays:

threats on the EU are ‘primarily a negotiating tactic’"the US has not turned the page on tariffs and that more trade policy volatility lies ahead” This article was written by Eamonn Sheridan at www.forexlive.com.

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