🚨 JUST IN: 🇺🇸🇦🇪 U.S. & UAE to Begin Trade Talks – Tariff Rollbacks Ahead?
The U.S. and UAE have agreed to start negotiations on a trade deal that could roll back Trump-era tariffs on steel and aluminum.
🔻 Current tariffs:
• 10% duty + 25% steel/aluminum tariff
• Could’ve doubled to 50% without this move
🌍 Why it matters:
• UAE = major U.S. trade partner ($34.4B in 2024)
• Talks may lead to a Comprehensive Economic Partnership Agreement (CEPA)
• UAE already inked quick deals with India, Turkey, and Australia
💼 What this means for markets:
• A rollback could ease global trade tensions
• Could spark fresh investment flow, especially in commodities, energy, and tech
• UAE positioning as a global trade & crypto hub gets stronger
📊 Macro takeaway: Trade diplomacy is back—and it’s bullish for global liquidity.
💬 Is this the beginning of a global reset for cross-border trade?
