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Trump's tariff strategy persists
President Donald Trump has reinstated tariffs on imports from 60 trading partners, with rates from 10% to 12.5%, following a Supreme Court ruling that limited his previous broad tariffs. These new duties are part of a broader effort to rebuild and expand the US trade enforcement strategy, relying on legally firmer authorities such as Section 301 and Section 338 of trade laws. The move aims to address issues like forced labor and trade disputes, and may lead to further investigations and potential additional tariffs, impacting global supply chains and prices.
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