News Code : 43211

Petrotahlil :US president will make his accouncement about EU trade.

The relations between Washington and Brussels have been under a lot of pressure since the imposing of tarrifs on steel and aluminum in 2018.

European policymakers and investors now fear that mr.trump may impose auto import tarrif and pressure on Germany’s “not-so-good” economy.

It is also possible july’s NFP data draw traders’ attention before mr.trump making his announcement.

It is estimated that the data will reach to 169k which still is less than last month data,which was 224k.

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