Goldman Sachs interprets the significance of the US-UK agreement: The simplest agreement has been reached like this, while other agreements are not progressing smoothly

Goldman Sachs foreign exchange strategist Isabella Rosenberg analyzed the US-UK agreement, pointing out that the 10% baseline and industry tariffs are non-negotiable, indicating a hawkish stance from the US. She believes that future negotiations with important trading partners like Japan will face significant obstacles. Although the US-UK trade agreement is relatively straightforward and the India trade agreement may be reached soon, the overall impact on the US trade deficit is limited. Future deals may be more complex, and negotiations will be more tense