- Trump’s latest decision marks important step to stabilising global economy
- Clear, predictable conditions are essential for trade to function
- EU sticking to its goal of achieving frictionless and mutually beneificial trade
- Have consistently advocated for a zero-for-zero tariffs agreement with the US
Well, there’s now three months to negotiate at the very least before we run all of this back again. But as mentioned earlier here, it’s amazing how Trump managed to hoodwink the world that forcing 10% tariffs on everyone is a “good” thing. Sure, it’s no longer a cataclysmic event for the world economy but it’s still a net negative on growth conditions.
This article was written by Justin Low at www.forexlive.com.