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US Treasury pick Bessent pushes universal 2.5% tariff plan that would rise each month -FT

ReutersJan 27, 2025 11:02 PM

- President Donald Trump's pick for Treasury secretary, Scott Bessent, has been pushing for new universal tariffs on U.S. imports to start at 2.5% and rise gradually by the same amount each month, the Financial Times reported on Monday.

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