JP Morgan not expecting Trump universal 10% tariff next year, but China faces high tariffs ...Middle East

Trump campaigned on promises of across the board 10 to 20% tariffs on imports, but of 60% and over on those from China./ JP Morgan cite "procedural reasons" for their assessment that the chances of a 10% across-the-board tariff in 2025 are low.However, they say that China will face significantly higher tariffs. Time to break out these old pics!** Its bipartisan, Biden's China tariffs, from earlier this year:Big week coming up for Biden to slap huge tariffs on China This article was written by Eamonn Sheridan at www.forexlive.com.

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