Trump team studies gradual increase in tariffs, 2%-5% per month

PA一线
PA一线01/13/2025, 11:31 PM

PANews reported on January 14 that according to foreign media citing people familiar with the matter, Trump's economic team is discussing a slow month-by-month increase in tariffs. The gradual increase in tariffs is intended to increase bargaining chips while helping to avoid soaring inflation. People familiar with the matter said that one of the ideas is to set a schedule for increasing tariffs by about 2% to 5% per month, and will follow the executive power under the US Emergency Economic Powers Act. The proposal is still in its early stages and has not been submitted to Trump, who has not yet evaluated or approved the idea of gradual tariffs. Advisors involved in the plan include Treasury Secretary candidate Scott Bessant, National Economic Council Director candidate Kevin Hassett, and National Economic Advisory Council Chairman candidate Stephen Milan.

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