Trump Claims Authority to Raise Tariffs, Impacting Trade Policy

Former President Donald Trump stated that he has the authority to impose higher tariffs, which could signal a shift in trade policy if he were to regain office. This statement may influence market sentiment through the risk appetite channel, as traders reassess the potential for increased trade tensions and their economic implications. Markets most exposed include commodities and sectors reliant on imports, such as manufacturing and consumer goods, which could face higher costs and reduced margins. Traders will be particularly attentive to upcoming economic data releases and trade policy announcements that could clarify the future direction of tariffs and their impact on global trade dynamics.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.