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Barkin sees three levels of uncertainty on Trump tariff plans

ReutersFeb 5, 2025 2:21 PM

- Richmond Federal Reserve President Tom Barkin said on Wednesday he sees three levels of uncertainty around what may arise from President Donald Trump's actions on tariffs.

First is the uncertainty around the level of duties and exactly whom they are levied upon, Barkin said at a Conference Board event in New York. The next unknown is how countries, and companies will respond, and lastly is "how this will all land on consumers."

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