NewsFlash / Nickel / Tariff Uncertainty Persists Despite Recent Trade Deals
Tariff Uncertainty Persists Despite Recent Trade Deals
iconMay 19, 2025 10:59
Source:SMM
[Tariff Uncertainty Still Lingers] Recently, the US has successively reached trade agreements with the UK and China, significantly easing global trade tensions. However, uncertainty surrounding tariffs still lingers. On Sunday local time, US Treasury Secretary Scott Bessent warned that some of the US's trading partners may soon face another significant increase in tariff rates. In an interview with the media, Bessent stated that if countries do not negotiate "in good faith" and fail to reach trade agreements before the tariff suspension period expires in early July, tariff rates will soon revert to the levels of "Liberation Day.

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