"80% Tariff on China seems right! Up to Scott B."
I'm not sure how exactly it is up to Bessent when Trump himself is already saying that it should be 80%. Funny. US futures are hitting a bit of a whipsaw on the headline here but at the balance, is nudging lower. Gold is also catching a bid, touching a high of $3,338 while USD/JPY is now down 0.5% to 145.10 on the day.
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