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President-elect Donald Trump’s economic advisers are exploring a strategy of gradually escalating tariffs month by month, aiming to strengthen the U.S. negotiating position while minimizing potential inflationary pressures, sources familiar with the discussions say.
The plan under consideration involves a series of incremental tariff hikes, ranging from 2% to 5% each month, leveraging executive powers under the International Emergency Economic Powers Act, as reported by Bloomberg.
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Market Response
The U.S. Dollar Index (DXY) has seen a slight decline, trading 0.23% lower at 109.36 at the time of writing.
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