Reported 1 day ago
President Trump has shifted his trade strategy, declaring that letters sent to trade partners can be equated to deals, amidst growing concerns about the pace of negotiations with major economies. As he announced unilaterally set tariff rates, he emphasized a firm deadline, stating no extensions would be granted. Despite some ongoing negotiations with India and the EU that appear to show progress, market observers are wary of potential trade escalations, indicating continued uncertainty in the market.
Source: YAHOO