Tariffs on every country, but not the universal tariffs Trump promised

Markets are moving — especially the U.S. dollar, which is down 1% to the euro this morning — with financial players focused on a published report suggesting that the Donald Trump administration will apply tariffs to every country, but not everything. On the program, we’ll discuss with economist Julia Coronado, founder of MacroPolicy Perspectives. Plus, President Joe Biden has signed a measure to increase Social Security benefits for nearly 3 million people.