IBERIAN DAILY 14 JULY (ANÁLISIS BANCO SABADELL)
NEWS SUMMARY: NEINOR HOMES.
This week we start with the 30% tariffs on Europe and Mexico
Last week the markets continued to monitor the uncertainty stemming from the tariff war initiated by the US, although with a degree of complacency after the EU anticipated a slightly worse deal than the one signed with the UK, which would include a generalized 10% tariff. Additionally, there were new threats from Donald Trump to impose a 35% tariff on Canada (vs. the current 25% on products not complying with the treaty) and 50% on copper and on Brazil starting on 01 August. In the STOXX 600, the best-per...