第一次！贝森特称“7月9日关税大限”可延期，还点名了“欧洲”，民主党议员直言“TACO的味道”

Core Insights - The U.S. government has signaled a willingness to extend the deadline for tariff negotiations, indicating flexibility in its trade policy for countries engaging in good faith talks [1][2] - The European Union anticipates that trade negotiations with the U.S. will continue beyond the July 9 deadline, aiming for a preliminary agreement on principles before the deadline [2][3] Group 1: U.S. Trade Policy Developments - U.S. Treasury Secretary Mnuchin acknowledged the possibility of extending the tariff deadline for countries like the EU that are negotiating in good faith [1] - President Trump expressed a willingness to extend the July 8 deadline but deemed it "not very necessary," revealing ongoing trade discussions with approximately 15 countries [1][2] Group 2: Market Reactions and Investor Sentiment - The announcement from Mnuchin has reignited hope among investors betting on the "TACO trade," which suggests that the Trump administration may backtrack on its aggressive tariff policies [2] - Following Trump's initial tariff announcements in April, the S&P 500 index experienced a significant drop of over 12% within four days, marking the largest decline since the onset of the COVID-19 pandemic [2] Group 3: EU's Position and Negotiation Challenges - The EU is preparing for extended negotiations with the U.S., focusing on key sectors such as steel, aluminum, automotive, pharmaceuticals, semiconductors, and civilian aircraft [3] - Current U.S. tariffs cover approximately €380 billion (about $434 billion) of EU exports, representing around 70% of the EU's total exports to the U.S. [3]