Threat Of Tariffs Remains Despite Deadline Extension -- Market Talk
Dow Jones07-08
0936 GMT - U.S. President Trump extended the deadline for higher tariffs from 9 July to August 1, but the threat of higher tariffs remains, Julius Baer's David Kohl says in a note. This complicates U.S. investment intentions and increases uncertainty about higher U.S. inflation, the chief economist says. The threat of higher tariffs intensifies stagflationary risks in the U.S. and puts pressure on Europe to stimulate domestic demand further in order to offset headwinds in international trade, he says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
July 08, 2025 05:36 ET (09:36 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
