Countdown to the key bargaining points of the US-EU trade agreement that affects the rise and fall of global stock markets is focused on "cars and grain".
According to the Wisdom Science and Technology Finance APP, sources revealed that as the European Union and US trade representatives seek to reach a temporary trade agreement in the next few days, the levels of tariffs on automobiles and agricultural products have become the key issues in the trade negotiations between the two parties. The progress of US-EU trade negotiations has been the focus of the market since July. If the negotiations are successful and a tariff cap of less than or equal to 10% is set for agricultural products, while concessions are made on automobile tariffs, it can significantly reduce the risk of global supply chains being squeezed, alleviate the pressure on profit downgrades for European and American, as well as global companies, and drive the MSCI global stock index and S&P 500 index, which have repeatedly hit new highs in the past three months due to decreasing tariff expectations, to continue rising.
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