Trump Implements New Tariffs Amid Global Trade Tensions
TL;DR Summary
President Donald Trump announced the extension and adjustment of reciprocal tariffs to address the US trade deficit, sending tariff rate letters to multiple countries and emphasizing a strategy to restore economic sovereignty and fairness in trade relations.
- Fact Sheet: President Donald J. Trump Continues Enforcement of Reciprocal Tariffs and Announces New Tariff Rates The White House (.gov)
- Trump announces new tariffs of up to 40% on a growing number of countries CNN
- CNBC Daily Open: Tariff letters from Trump, like those of lovers, seem to signify little CNBC
- Trump Revives Trade War, Threatening Steep Aug. 1 Tariffs on Allies The New York Times
- Asian Investors Brace for Renewed Tariff Fallout: Markets Wrap Bloomberg
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