Yet another trade deal has fallen through, delaying the rollout of new tariffs.
❌ Bad News: Air remains untaxed, contributing to further price increases.
✅ Good News: U.S. importers are expected to negotiate harder with exporters for price reductions, potentially softening the impact of tariffs.
As with the U.S. tax system, there’s a wide gap between the stated tariff rate and what’s actually felt in practice.
Wall Street figures continue to lean more on optimism than concrete results.
