
A Delay? You've met with a terrible fate haven't you?
Greetings citizens of Hyrule and beyond! Your Princess Zelda here reporting live from the front lines of… well not a battlefield exactly but the equally treacherous world of international trade. Apparently President Trump who I'm told is a bit like Ganondorf but with tweets instead of dark magic has decided to delay slapping the EU with hefty tariffs. He's pushed the deadline to July 9th after a chat with EU Commission President Ursula von der Leyen. One might say he's had a change of heart or perhaps he just needs more rupees… I mean dollars.
Stocks Ride Epona to Recovery (For Now)
European stocks bless their resilient little hearts perked up a bit after the initial tariff threats sent them tumbling faster than I fall into Link's arms (okay maybe not THAT fast). Von der Leyen in a message I assume was delivered by carrier pigeon (or maybe just X I hear those are popular now) said the EU is ready to talk. 'To reach a good deal we would need the time until July 9,' she said. Honestly sounds like someone's trying to grind for a better sword before facing the boss.
Is Six Weeks Enough Time to Forge a Master Sword of Trade?
Holger Schmieding some economist or other thinks six weeks might not be enough to sort out all the nitty gritty details but it SHOULD be enough to set the stage for a deal. He even mentioned an agreement like the one between the U.S. and the U.K. Apparently it all boils down to political will. It's like needing Farore's Wind but instead of teleporting you're… agreeing on percentages? Exciting stuff really.
Trump's Shock Tactics: More Annoying Than a Tingle Bombardment?
Schmieding also suggested that Trump uses 'shock tactics' in negotiations. Which is basically like trying to defeat a Lynel with a wooden sword. Brave but probably not the best strategy. He warns the EU won't just roll over like a Cucco in a Bokoblin camp. 'We just have to stay calm,' he says. Easier said than done when the fate of the global economy feels like it's balanced on a pile of crates in a Goron city.
What Does the Triforce... I Mean Trump Really Want?
Guntram Wolff another financial sage says there's still 'massive uncertainty' about what Trump actually wants. 'It's very unclear what exactly the U.S. President wants,' Wolff added. 'That's the biggest obstacle at this stage that in the negotiations the EU has made offers has made proposals but it doesn't really know what the president wants.' Sounds like trying to figure out what to give a Korok to get a bigger inventory slot. Utterly baffling.
Brace Yourselves: This Trade Dance Ain't Over Till the Fat Moblin Sings
Naeem Aslam a chief investment officer warns that this tariff delay has sparked a 'tentative risk on rally.' So basically a small reprieve before the next potential disaster. 'Buckle up; this ride's far from over,' he warns. Great. Just what I needed to hear. I suppose this means it is time to brush up on my sword skills and ready to face whatever economic monster Trump unleashes next. At least I have Link… and maybe a few fairy bottles just in case.
Senfida
I just hope this doesn't affect the price of Monster Cake.
chart1re2use
I'm investing in rupees. They're more stable than the dollar right now.