USD dropping floor on the 'gradual' tariff story
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The information is right here ICYMI:
- Trump’s tariff crew finding out gradual hikes of two to five% per 30 days
Bloomberg with the information, citing unnamed ‘folks acquainted’:
- Members of Donald Trump’s incoming financial crew are discussing slowly ramping up tariffs month by month, a gradual strategy geared toward boosting negotiating leverage whereas serving to keep away from a spike in inflation
Its despatched the USD decrease in skinny buying and selling right here. AUD, yen, GBP, CHF all popped.
As did EUR:
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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