Trump team studies gradual tariff increases of 2% -5% per month

According to foreign media, citing people familiar with the matter, Trump's economic team is discussing a gradual increase in tariff rates month by month. The gradual increase in tariffs is designed to increase negotiating chips while helping to avoid a spike in inflation. One of the ideas is to develop a timetable for increasing tariffs by about 2% to 5% month by month, and will follow the executive powers under the US Emergency Economic Powers Act, the people said. The proposal is at an early stage and has not yet been submitted to Trump, who himself has not yet evaluated or approved the idea of gradual tariffs. Advisers involved in the plan include Treasury Secretary Scott Bessant, Director of the National Economic Council Kevin Hassett, and Chairperson of the National Council of Economic Advisers Stephen Milan.