Trump says he wants tariffs “much bigger” than 2.5%

Trump on tariffs again.

Earlier his Treasury Secretary was reported as saying tariffs could start at 2.5% and then gradually rise:

• Bessent is pushing a starting 2.5% universal US tariff plan, which would rise each month

Trump is not having that!

Says he wants tariffs much larger than 2.5%

• hasn’t decided on the level yet

USD catching bids again on this

This article was written by Eamonn Sheridan at www.forexlive.com.