On July 9, 2025, the deadline for a trade agreement between the United States and the European Union will expire, potentially impacting global markets. U.S. President Donald Trump previously announced tariffs of 25% on EU imports, including automobiles. This situation could lead to significant market volatility.
The EU is reportedly prepared to accept a 10% U.S. basic tariff permanently but seeks exemptions in key sectors. These sectors include pharmaceuticals, alcohol, semiconductors, and aircraft. Analysts are warning of the potential impact of tariffs on the export-oriented German economy. (Source: Reuters, Financial Times)
Investors are currently relatively calm, with the DAX near its early June high. However, experts warn of potential market volatility if no agreement is reached. Important economic data will be released next week, including German industrial production figures for May and the trade balance for May. (Source: Reuters, Financial Times)