Trump's Economic Team Considers Gradual Tariff Increase

According to PANews, sources indicate that President Trump's economic team is contemplating a gradual monthly increase in tariff rates. This strategy aims to enhance negotiation leverage while mitigating the risk of inflation spikes. Insiders suggest a potential plan to increment tariffs by approximately 2% to 5% each month, utilizing executive powers under the U.S. Emergency Economic Powers Act. The proposal is still in its early stages and has not yet been presented to President Trump, who has neither evaluated nor approved the concept of progressive tariffs. Advisors involved in the plan include Scott Besant, a candidate for Treasury Secretary, Kevin Hassett, a candidate for Director of the National Economic Council, and Stephen Milan, a candidate for Chairman of the National Economic Advisory Council.