Pakistan, July 6 -- Global investors are heading into U.S. President Donald Trump's tariff deadline this week with surprising calm, expecting few shocks despite rising trade tensions. The 90-day pause Trump announced in April ends on Wednesday, but markets seem to have already priced in the potential impact.
Trump recently said letters detailing new tariffs would be sent to 12 countries starting Monday. These tariffs could reach as high as 70% and may take effect on August 1, far higher than the original 10-50% range. However, many analysts believe there's still flexibility in both timing and implementation.
Jeff Blazek of Neuberger Berman said investors are now more relaxed when it comes to tariff-related developments. According to him...
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