"Trump's Economic Team Considers Monthly Gradual Increase in Universal Tariffs"

Trump's economic team is considering a gradual approach to increasing tax rates little by little each month on universal tariffs, Bloomberg reported, citing unnamed sources.

The sources said the economic team was considering gradually raising tariffs by 2-5% a month, and imposing tariffs based on the International Economic Emergency Powers Act.

The International Economic Emergency Powers Act gives the president broad control over trade and other economic activities in the event of a national emergency that poses a threat to U.S. security or the economy.

However, the plan is in its early stages and has not yet been reported to Trump, the source added.

The plan is interpreted as a paving stone for the second Trump administration to increase its bargaining power with trading partners while avoiding a surge in inflation caused by the imposition of tariffs.