CNBCJul 27, 2026, 5:04 AM
Why Trump's new tariff blitz is very different this time round
Trump imposed new tariffs on 60 trading partners ranging from 10% to 12.5%, using a different legal framework after the Supreme Court struck down previous levies. The move affects 99.4% of U.S. imports and comes amid Middle East conflict and rising oil prices, with analysts warning markets should treat tariffs as a lasting economic drag rather than temporary negotiating leverage.
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