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New tariff deadline prolongs instability, say UN trade agency and analysts

2025-07-08 624 Dailymotion

The US administration's decision to extend a negotiating deadline for tariff rates is prolonging uncertainty and instability for countries, according to the United Nations trade agency and analysts in Europe.

The reciprocal tariffs imposed by the United States on goods imported into the country had been conveyed to about a dozen countries which still have until Aug 1 to negotiate for a better deal.

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