Trump says he would soon impose tariffs on foreign pharmaceuticals, semiconductors and metals
Also, Trump said the news of DeepSeek’s apparent progress in artificial intelligence is "a positive" - its good that firms in China have come up with a quicker method of AI.
Trump's tariff comments may be being read as putting Bessent firmly in his place:
Bessie won't be setting the tariff agenda, I will, is what Trump seems to be conveying.
The USD leapt higher.
