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What the ‘Tariff Ceasefire’ Means for the Global Economy

Pinebridge Investments Europe Ltd - London

The US and China have agreed to deescalate their tit-for-tat trade moves, lowering tariffs from former near-embargo levels to 30% and 10%, respectively, for a period of 90 days. Though the tariffs remain a headwind to growth, downside risks for the global economy have receded considerably.

Pinebridge Investments Europe Ltd - London

Friday 16th May 2025

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