TechFlow, July 8 — According to Jinshi Data, BMI said in a commentary that the market may interpret the extension of the U.S. tariff suspension period as positive news. President Trump announced on Monday the extension of the negotiation agreement by three weeks. The institution stated this indicates he has adopted a certain pragmatic approach. "This reduces the risk of a sudden sharp increase in tariff rates." However, the negotiations could prove complex. BMI noted that some trade deals might be vague in detail and ultimately become a framework rather than a formal agreement. "We do not rule out the possibility that some deals may be postponed until September or October, and in some cases, final details may take longer to fully agree upon."
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
