International Trade Today is a service of Warren Communications News.

Bloomberg Report: Trump Might Hike Tariffs by 2% to 5% Monthly

Officials advising Donald Trump on his upcoming administration have been considering tariffs that would gradually increase by 2% to 5% a month, according to a Bloomberg News article based on unnamed sources. The proposal could boost negotiating leverage and avoid…

Sign up for a free preview to unlock the rest of this article

If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.

a spike in prices, the planners believe. The article said the proposal is in its early phases and hasn't been presented to the president-elect.