Scott Bessent pushes gradual 2.5% universal US tariffs plan

Contributing sentiments towards policy:

59% : Trump made high tariffs a core of his "America First" campaign rhetoric last year, vowing in September to "tax" foreign nations "at levels that they're not used to".
52% : " Trade analysts and lawyers have said Trump could levy universal tariffs swiftly by using executive powers such as the International Emergency Economic Powers Act, which allows the president to respond to emergencies through economic means.
48% : When asked by reporters last week whether he planned to introduce universal tariffs, Trump replied: "We may.
42% : Trump, who has long railed against the US's trade deficit, has suggested that tariffs would be a way to raise revenue for the country.
21% : Trump has threatened to force tariffs of up to 25 per cent on imports from Canada and Mexico as soon as this weekend, and in recent days threatened Colombia with 25 per cent tariffs in a dispute over deportees.

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