A White House official says there is no change of heart on President Trump's plan for 15% under section 122, but timing of change is unclear

A White House official says there is no change of heart on President Trump's plan for 15% under section 122, but timing of change is unclear.

This statement reflects the administration's continued commitment to President Trump's proposed trade policy, specifically the 15% tariff under section 122. While the clarity on timing suggests potential for market speculation, consistent messaging may stabilize expectations for USD and trade-related assets. Traders should watch for reactions in equities and commodity markets as uncertainty around implementation can influence market sentiment.