#TrumpTariffs I have no evidence but also no doubts. A whale that wants to set the world on fire
Trump's tariffs are once again in the spotlight. The suspension of several reciprocal tariffs (including the EU) remains in effect until July 9 to allow for negotiations
However, general levies of 10% and up to 50-55% in specific sectors such as steel, cars, and technology components also persist
The Fed attributes the rise in inflation and the delay in interest rate cuts to the impact of these tariffs
Meanwhile, the World Trade Organization warns that tariffs could reduce global trade by 1.5% this year