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Environment|System
Environment|System
environment|system

TRADE TUSSLES

23rd May 2025

By: Darlene Creamer

     

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The most extreme tariffs announced by US President Donald Trump on ‘Liberation Day’ have been paused and some bilateral ‘deals’ have been struck. Nevertheless, the trading environment is tighter and more uncertain than was the case at the start of the year and there are few immediate prospects of any return to a rules-based system. Instead there is an ever increasing number of flimsy bilateral barter deals.

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