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EU will announce countermeasures against US tariffs on Thursday

1. EU to announce countermeasures to U.S. tariffs, affecting trade relations. 2. Negotiations aim for a balanced deal respecting both EU and U.S. interests. 3. Current tariffs include 10% on some goods, with higher rates on metals. 4. Retaliatory measures against $24.1 billion U.S. goods are currently paused.

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FAQ

Why Bearish?

Uncertainty in trade relations can negatively affect market confidence, akin to previous tariff disputes.

How important is it?

Tariff negotiations can directly affect U.S. companies, influencing S&P 500 performance.

Why Short Term?

Immediate reactions may arise from news; longer-term impact depends on outcomes of negotiations.

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