๐ฅ Gate Square Event: #PTB Creative Contest# ๐ฅ
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB ๐ https://www.gate.com/zh/announcements/article/46922
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Event Period: Sep 10, 2025 04:00 UTC โ Sep 14, 2025 16:00 UTC
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#Trump Delays EU Tariffs#
๐บ๐ธ USโEU Trade Tension Postponed Once Again!
๐ As of May 25, 2025, tensions in transatlantic trade are easing. The U.S. administration has officially postponed the high tariffs expected to be applied to certain products imported from the European Union until July 9, 2025.
๐ What Happened?
โ๏ธ The expected 50% increase in customs duties would have affected a large number of EU products, from traditional sectors to technology. However, as a result of recent contacts between the parties, the customs increase has been suspended for a time.
๐ Leaders announced that they are ready to return to the table for a new trade agreement.
๐ What Reaction Did the Markets Give?
๐ With the postponement news:
โข US stock futures rose by nearly 1%
โข European stock markets started the week with buying sentiment
โข A short-term weakening was observed in the dollar index.
โข Profit-taking occurred in gold prices
๐ผ What Does It Mean?
This postponement is merely a short-term breather. By mid-July, both sides are expected to develop an agreement that will restructure the trade balance. Otherwise, tariffs will automatically come into effect.
๐งญ Why Is It Important for Us?
๐ This type of trading tension can trigger global volatility from stocks to commodities, from cryptocurrencies to currency pairs.
๐ Speculative trades made before a decision can still affect the market direction.