LuminousQuasar
@luminousqusar
May 9, Friday High-Level Voices: The UK and the US have reached an agreement on the terms of a tariff trade deal. The UK government has agreed to make concessions on importing US food and agricultural products in exchange for the US lowering tariffs on UK car exports. The US will reduce tariffs on UK-manufactured cars to 10% and eliminate tariffs on steel and aluminum. Overall Sentiment: Before the China-US-Switzerland talks, the US reached a trade agreement with the UK, setting a precedent. More countries are likely to finalize deals with the US, making upcoming China-US negotiations more challenging. Foreign media reported that the government is considering a nationwide rollout of a spot sales system for commercial housing to restore homebuyers' confidence in the property market. This could reduce real estate supply by 80%, potentially supporting price recovery but risking the collapse of real estate companies due to such a drastic measure.
0 reply
0 recast
0 reaction