- U.S. to impose 10% across-the-board tariff on all imports
- Higher rates to be levied on other nations considered bad actors on trade
I haven’t seen the report itself yet but Bloomberg is also confirming it.
There are some big moves on this, with the US dollar slumping and the euro, pound and commodity currencies rallying. S&P 500 futures are up 73 points.
This article was written by Adam Button at www.forexlive.com.