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Surge of buying into the USD, risk slapped back down, as Trump announces huge tariffs

Surge of buying into the USD, risk slapped back down, as Trump announces huge tariffs

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Eamonn Sheridan
02/04/2025 | 20:33 GMT
  • The Wall Street Journal reported a 10% across the board tariff - but this was incomplete

The leak from the Journal of 10% across the board prompted selling the USD and buying of risk, but the details now provided have seen such flows reversed.

The 10% is a minimum (see table below in pic).

more to come

reciprocal tariffs 03 April 2025 2

Pic via Twitter

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