The U.S. president, Trump, proposes to increase the general tariffs amid economic concerns

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The tariffs proposed by Trump could reshape the trade dynamics, potentially boosting U.S. markets despite inflation fears.

According to PANews, U.S. President Donald Trump announced plans to impose general tariffs of 15% or 20% on most trading partners during an interview with NBC on Thursday. He dismissed concerns that an additional increase in tariffs could negatively affect the stock market or drive up inflation. Trump stated: "All remaining countries will pay, either 20% or 15% in tariffs. We will address this issue now. I believe these tariffs are welcome. Today, the stock market reached a new high." He emphasized that not everyone needs to receive formal notice, saying: "You know. We are just setting tariffs." Currently, the United States has a general tariff rate of 10%.$BTC