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BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024

A pause, possibly in tariffs due to go up next week. There is a lot more we have to hear from both sides on the details of any truce. We should emphasize, we are not expecting the brand bargain, if you will today. This is not a major deal to resolve all the differences and bring peace to the trade wars, but something to put a pause on things. Have the media itself can there has been disagreement between the president and Robert Lighthizer and the vice premier of what is going on. Is the price of the tariffs. If the president postpones the tariffs, does that give us an idea they are on the road to something bigger, or is it a temporary truce . Shawn it tells us it is a temporary truce. We are a long way from where we were in april or may when they were getting closer to a bigger deal. Thereve been tariffs put in place. One of the things unclear right 110s what would happen to billion trade of tariffs that took effect september 1 ....

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