Goldman Sachs: Trump's Trade Strategy Signals Potential Tariffs and Negotiation Leverage ...Middle East

The investment bank maintains its outlook, forecasting another 10% tariff on Chinese imports and additional duties on key sectors such as semiconductors, pharmaceuticals, and automobiles from the European Union. Although a broad reciprocal tariff policy remains unlikely, Goldman Sachs notes that a narrower version could emerge, targeting select trading partners later this year.

According to the report, Trump’s trade strategy appears to be a tactical effort to apply pressure on trading partners while maintaining flexibility for negotiation, reflecting ongoing U.S. trade policy trends.

This article was written by Eamonn Sheridan at www.forexlive.com.

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