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
Pic via Twitter
Surge of buying into the USD, risk slapped back down, as Trump announces huge tariffs
- The Wall Street Journal reported a 10% across the board tariff - but this was incomplete
