From an interview on ABC:

  • Electronics products will be part of upcoming sectoral tariffs
  • Pharma tariffs also coming in the next month or two
  • US has had 'soft entrees' through intermediaries with China on tariffs
  • Not concerned about the US dollar

There were some real hopes building for a strong open in tech stocks based on the earlier tariff reversal but now we're reversing the reversal. Of course, we could still have 5-6 more changes of heart in the interim.

White House circus
Source: Forex Live