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Industry Specific

All articles tagged with #industry specific

business6 months ago

Trump's Upcoming Tariffs Spark Industry and Market Uncertainty

President Donald Trump is preparing to implement industry-specific tariffs on various sectors including copper, pharmaceuticals, semiconductors, lumber, and critical minerals, starting around August 1, as part of a broader effort to reshape the US's trade relations and protect domestic industries. These tariffs, which could significantly impact global trade and prices, are part of a strategic move to leverage trade policies for economic and security objectives, amidst ongoing negotiations and international concerns.