特朗普关税风暴影响有限，欧洲通胀再现波动，经济复苏仍具韧性

Core Insights - The overall sentiment regarding tariffs in Europe is one of cautious optimism, with limited immediate impact on inflation and economic growth [1][3][9] - The European Central Bank (ECB) has maintained a calm stance, indicating that the situation is being monitored but does not require immediate action [6][10] Economic Impact - Eurozone inflation is reported at 1.9%, which is lower than expected and still away from policy alert levels [3] - There is a perception that the trade situation in Europe has not been significantly disrupted, with mixed reactions from various sectors [5][9] Market Reactions - The market response to the tariff situation has been surprisingly subdued, with no major policy changes from the ECB, reflecting a sense of stability [6][10] - There is an underlying tension in the market, with concerns about potential future developments that could arise unexpectedly [9][10] Trade Relations - The EU is actively seeking to diversify its trade relationships, reaching out to countries like Indonesia to reduce dependence on the US market [1] - There are concerns that other countries may increase exports to Europe to avoid US tariffs, potentially affecting local inflation and supply chains [7][9]