 The reaction to US President Donald Trump’s latest tariff salvo has been relatively muted so far. Germany’s DAX and France’s CAC opened mildly lower, but losses remain limited. In currency markets, Euro is holding steady, trading largely inside Friday’s ranges without triggering major downside momentum. The market appears to be bracing for drawn-out negotiations rather than immediate escalation. Optimism is underpinned by Trump’s negotiation history—often characterized by bold opening demands followed by compromise. The fact that the 30% tariff on EU imports is scheduled to take effect in August, not immediately, reinforces the view that space remains for a diplomatic resolution. The final rate will likely land well below 30%, even though above the UK's 10% benchmark. European Trade Commissioner Maros Sefcovic warned Monday that the 30% tariff would severely disrupt transatlantic trade, but voiced hope that a resolution could still be achieved. “We have to do everything we can to prevent this super-negative scenario,” he said. Talks between the EU and Washington are ongoing, and the EU has not yet announced any retaliatory measures, which has helped temper market nerves...... | 
