#TrumpWithdrawsEUTariffThreats 📌 Key Points
1. Tariff cancellation context
The tariffs were set to hit several European countries starting Feb 1.
Trump’s administration has now delayed/canceled them, signaling temporary easing of trade tensions.
2. Immediate market reaction
Short-term, this is market-positive news: equities (especially exporters/importers tied to Europe) may rally, and risk sentiment improves.
Currencies like EUR/USD could strengthen slightly as the trade risk premium falls.
3. Medium-term perspective
While easing is good, markets have already priced in a lot of uncertainty,