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The news is here ICYMI:
Bloomberg with the info, citing unnamed ‘people familiar’:
- Members of Donald Trump’s incoming economic team are discussing slowly ramping up tariffs month by month, a gradual approach aimed at boosting negotiating leverage while helping avoid a spike in inflation
Its sent the USD lower in thin trading here. AUD, yen, GBP, CHF all popped.
As did EUR:
This article was written by Eamonn Sheridan at www.forexlive.com.
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