Odaily Planet Daily News: The European Union has been trying to reach a temporary agreement with the United States to avoid higher tariffs, but Trump's letter broke the EU's recent optimism. However, Trump did leave room for further adjustments. Annex Wealth Management Chief Economist Brian Jacobson wrote, "Like previous letters, there are many conditions and clauses to reduce these tariffs, which may be why the market may not like tariff negotiations, but it is not panicking about it." (Jinshi)
