Trump tariffs expected to hit Thursday

Aug 7, 2025 - 02:00
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Trump tariffs expected to hit Thursday
President Trump’s new “reciprocal” tariff rates on dozens of trading partners are set to finally take effect on Thursday, as markets, businesses and consumers brace for a major shake-up of the global trade system. The president signed an executive order last Thursday that announced the new rates but bumped the start forward by a week. Once the…