US Tariff Suspension: German Finance Minister Warns of Ongoing Market Volatility
The recent decision by US President Donald Trump to suspend trade tariffs for dozens of countries for 90 days has been met with caution by German Finance Minister Joerg Kukies. Despite the temporary reprieve, Kukies has warned that market uncertainty is likely to persist, leaving companies and investors on high alert. The move has sparked a mixed reaction, with some hailing it as a positive step towards resolving the ongoing trade tensions, while others remain skeptical about the long-term implications. As the global trade landscape continues to evolve, businesses and investors are advised to remain vigilant, with experts predicting ongoing market volatility and potential economic uncertainty. With the suspension set to expire in 90 days, all eyes will be on the US and its trade partners as they navigate the complex web of international trade agreements and tariffs, amid rising concerns over global economic growth and trade war risks.
