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The Nexus
BUSINESSJul 24 · 09:01 UTCSCMP CHINARaymond Ma,Neil Denslow

Trump’s new tariffs, stock market intervention, mega IPOs

The US imposed tariffs as high as 12.5% on 60 trading partners, including China, under President Trump's new trade approach. The tariffs, related to forced labor, replaced a 10% global tariff that expired, which was imposed after previous Trump tariffs were invalidated by the US Supreme Court.

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