Reciprocal tariffs introduced at this time may have a time delay, received't be an govt order
CNBC’s Eamonn Javers experiences on what to anticipate within the 1 pm announcement:
- There might be a time delay of an unclear length earlier than they go into impact (he stated April 1 was a risk)
- This might be a “Presidential memorandum” not an govt order (which is decrease tier)
- The USTR might be tasked with figuring out the subsequent steps
- There might be some particulars when it comes to exemptions, which CNBC known as “slight”
- They’re nonetheless “placing the ultimate touches” on the memorandum
The US greenback has sagged on this report with the market taking it as a great signal.
This text was written by Adam Button at www.ubaidahsan.com.
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