"Equal tariff 2.0" strikes: Starting at 15%, reaching as high as 50%! As the market bets big on TACO Trump's tariff calculations are also escalating.
According to the Finance and Economics APP, US President Donald Trump stated that, before the August 1st deadline for negotiations, the tariff rates he personally sets will not be lower than 15%. This indicates that the Trump administration's lower limit for imposing tariffs is increasing, with the benchmark rising significantly from the 10% caused by "Liberation Day" leading to market turmoil.
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