Trump Tariffs: 10 Percent is the New Zero | JQJO

Facing President Trump's escalating tariffs, corporate executives are adapting to the '10 percent is the new zero' mentality. Initially, the 10% tariff on most US imports caused market turmoil and a dollar decline. However, Trump's subsequent threat of much higher tariffs (10-60%) on various trading partners, and a significant increase on Chinese goods (to at least 145%), has seemingly lessened the impact of the initial 10% increase. Trump's decision to pause tariffs for 90 days while negotiating trade deals suggests a potential moderation of his trade policies.