FoxBusiness Charlier Gasparino is X-ing on the Japan tariff deal and tariff concerns:
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There is a hold-up in the Japan tariff deal over the level of commitment to buy oil from the Alaska pipeline.
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Howard Lutnick remains a key player in tariff negotiations and recently argued to a lawmaker that tariffs won’t cause inflation.
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GOP lawmakers are voicing real concerns about tariff-related inflation and a potential economic slowdown, with impacts already being felt in Middle America.
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Wall Street CEOs say the next 6–8 weeks will be pivotal in determining how big an impact tariffs will have on the economy.
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Story is still developing.
The full tweet/X
This article was written by Greg Michalowski at www.forexlive.com.
