Fed's Daly notes some relieved tariffs not as high as first expected

NEW YORK, July 10 (Reuters) - Federal Reserve Bank of San Francisco President Mary Daly said Thursday she’s heard about some relief among her business contacts that tariffs have not been as large as they were when they were first announced.

Daly, speaking at a Market News International event, also said of some of this year's trade uncertainty that local contacts support some of the action taken by the Trump administration amid concerns the playing field has not been level between the U.S. and other nations.