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Trump's Team Considers Incremental Tariff Hikes Amid Inflation

1/14/2025

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Summary

Story summary

Donald Trump's economic team is exploring a bold strategy to incrementally increase tariffs by 2% to 5% each month. This approach seeks to strengthen their negotiating power while carefully managing inflation concerns. However, the plan remains in its infancy and has yet to be formally introduced to Trump, as insiders reveal.

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Story summary

Donald Trump's economic team is exploring a bold strategy to incrementally increase tariffs by 2% to 5% each month. This approach seeks to strengthen their negotiating power while carefully managing inflation concerns. However, the plan remains in its infancy and has yet to be formally introduced to Trump, as insiders reveal.