US President Trump says tariffs could potentially be higher, it depends on what they decide

US President Trump says tariffs could potentially be higher, it depends on what they decide.

Trump's comments on the possibility of increased tariffs create uncertainty in trade relations, which could impact various asset classes, including equities and currencies. Markets may react cautiously as they assess the implications for growth and inflation, particularly for affected sectors and commodities linked to trade. Overall, watch for volatility in currencies like the USD and potential shifts in risk sentiment across global markets.