Analyst: The Ultimate Goal of the United States is to Achieve a Global Average Tariff Rate of 10%
U.S. Trade Representative Greer stated, "We are working to reach a trade agreement as soon as possible. The U.S. does not rely on any trade partner for key commodities. A global 10% tariff is a strong incentive to reduce the deficit." Analysts at financial website Forexlive believe that it should be clear to everyone now that the ultimate goal is for the global average tariff rate to reach 10%. This should reduce overall uncertainty.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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