Members of President-elect Donald Trump’s incoming economic team are discussing slowly ramping up tariffs month by month, a gradual approach aimed at boosting negotiating leverage while helping avoid a spike in inflation, according to people familiar with the matter. One idea involves a schedule of graduated tariffs increasing by about 2% to 5% a month, and would rely on executive authorities under the International Emergency Economic Powers Act, the people said. The proposal is in its early stages and has not yet been presented to Trump, the people said. Meanwhile Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.
Today’s guests: Lucy Baldwin, Citi; Miranda Brawn, The Brawn Review Founder; Nigel Wilson, Canary Wharf Group Chairman & Former L&G CEO
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:59 – Trump team studies ‘gradual tariffs’
00:03:08 – China mulls TikTok sale to Elon Musk
00:04:19 – DOJ Report says Trump could have been convicted in election case
00:08:00 – Lucy Baldwin, Citi
00:12:45 – France’s Bayrou’s General policy speech
00:19:26 – Headlines
00:19:50 – LA wildfires damages estimated at $250-270B
00:23:54 – Miranda Brawn, The Brawn Review Founder
00:32:55 – Nigel Wilson, Canary Wharf Group Chairman & Former Legal & General CEO
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