Analyst: The United States' ultimate goal is to achieve a global average tariff rate of 10%.

BlockBeats News, May 13th, U.S. Trade Representative Grier stated, "We are working to reach a trade agreement as soon as possible. In key commodities, the U.S. does not rely on any trading partner. A global 10% tariff is a strong driver to reduce the deficit." Analysts from the financial website Forexlive believe that everyone should now be very clear that the ultimate goal is for the global average tariff rate to reach 10%. This should reduce overall uncertainty. (FXStreet)