Markets are preparing for an international game of tariff bluff—but President Trump may no longer need to back down

fortune.com/2025/07/14/trump-tariffs-europe-international-bluff-markets-expect-tactic

With Trump’s August 1 tariff deadline looming, analysts including Deutsche Bank’s Jim Reid and Goldman Sachs’ Sven Jari Stehn suggest the sharp escalation is more likely a negotiation tactic than a firm policy shift. While EU leaders are delaying countermeasures in hopes diplomacy…

This story appeared on fortune.com, 2025-07-14 11:35:31.
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