Quota Softened

Brussels preserves the legal structure of the cap but modifies it through a higher threshold, product exclusions, or local-production carveouts. This outcome is plausible because the October 2026 WTO agreement gives both sides an incentive to avoid a full trade war while still managing import volumes.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.