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11 hours, 49 minutes ago Edited

Most of the market believes we’ll end with reciprocal tariffs on everything between 10-15%. That's basically, at the end of the day, what's gonna happen here. That's what the market believes. Any country, anywhere. How long it takes to get there depends on country by country and exactly what Trump is focused on that week. I mean, he can't do 90 trade deals in one week, so some countries get left behind. My assumption, and the market's assumption, is by the time it's over, probably by the end of the year, trade deal will look like maybe a reciprocal 10-15%, whatever it's gonna be. The market is ready to absorb that.
Most of the market believes we’ll end with reciprocal tariffs on everything between 10-15%. That's basically, at the end o...

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