US President Trump says regarding tariffs that Switzerland should pay much more, will get that up a little bit, speaking to CNBC
- Elite nations are only elite because, among other reasons, the US allowed them to walk away with billions but tariffs have stopped this.
- Tariffs are being done a different way, and will get bigger numbers.
- Not happy with the Supreme Court.
- Will remember firms that do not request tariff reimbursements; it would be brilliant if Apple (AAPL) and Amazon (AMZN) were among those.
- The "enemy" is getting the tariff refund money.
Context
Trump's remarks on tariffs highlight a potential escalation in trade tensions, particularly with European nations. This suggests a more aggressive U.S. stance that could impact currency values, notably the USD against the EUR and JPY. Traders should be alert for market volatility, especially in equities and commodities linked to these geopolitical developments.
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