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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

News
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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