The markets seem to have been addicted to US President Donald Trump’s statements on duties, ignoring his new warnings of higher rates of 20%-50%, to more than 20 US trade partners, with the latest recipients of these “European” and the European Union. This is a significant differentiation from what happened a few months ago, which encouraged Trump, as he meant himself, to proceed with the implementation of his plan to stimulate the American industry, raising tariff barriers. In his letter to the European Union yesterday, which he posted on Truth Social, he threatened 30% with a horizontal duties on European exports to the US – significantly higher than the 20% announced on April 2 – if no trade agreement was reached by August 1. He is “photographing” the rewards an agreement, for which the US president “photographs” the rewards he is looking for. ‘If you wish to open the […]
Source: News Beast
With 6 years of experience, I bring to the table captivating and informative writing in the world news category. My expertise covers a range of industries, including tourism, technology, forex and stocks. From brief social media posts to in-depth articles, I am dedicated to creating compelling content for various platforms.
