Trump rebuilds trade regime with new tariffs on global trading partners
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The Trump administration announced a new round of tariffs up to 12.5% on 60 trading partners on Thursday, preventing a lapse in import taxes as a temporary tariff program nears expiration.Why it matters: It shows the White House's determination to preserve its tariff agenda by turning to new trade laws as earlier authorities expire or face legal challenges. The new tariffs take effect at 12:01am ET on Friday, precisely when the temporary duties end.It's been one of the busiest weeks for Presiden
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