Market Intelligence—19.08.25
In recent weeks, attention has remained focused almost exclusively on political developments. The US’s erratic tariff policy continued to influence the markets and the problem remained that while the tariffs as such were already a major problem, the uncertainty was even greater. Almost at the last minute, a decision on the final tariffs between China and the US were postponed for a further 90 days. Christmas sales in the US will presumably have played a major role in this, as many products for the main phase of annual consumption will be arriving in the US within this new 90-day period. In this respect, this is a certain relief for many suppliers and importers in the US.