
qinbafrank|May 09, 2025 00:00
Two days ago, the United States' claim that the additional reciprocal tariffs imposed by various countries would eventually end in failure was being verified: the trade counterpart countries would "drag" the formula, and Trump would be under increasing domestic pressure. He gave in, and the US UK agreement last night was a model case. The final negotiation of the tariff framework by various countries is probably (China may be outside of this):
1) 10% basic equivalent tariff will continue to be imposed
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