• It will take time to end non-tariff barriers with China.
  • I will talk to the Indian commerce minister Tuesday, then flying to South Korea.
  • We are discussing other deals in parallel.
  • The US is not relying on any trade partner for critical goods.
  • Global 10% tariff is a strong incentive to reduce the deficit.
  • Trump is to consider change if we see results on fentanyl.

It should now be pretty clear for everyone that the end goal is an average 10% global tariff rate. That should decrease general uncertainty.

Jamieson Greer
Jamieson Greer
Source: Forex Live