Analyst: The intensification of tariff situation may easily trigger a broader sell-off of risk assets

BlockBeats News: On May 26th, gold futures prices fell after Trump extended the deadline for US tariffs on EU goods. Trump announced on Sunday that he will postpone the plan to impose a 50% tariff on EU goods until July 9th, which has improved market risk sentiment and reduced demand for safe haven assets. Swiss Union Bank analyst Ipek Erzkaldeskaya pointed out in a report that the EU as a whole is the largest trading partner of the United States, and the escalation of tensions could easily trigger a wider sell-off of risky assets. (Golden Ten)