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Politics

Trump's new tariffs give some countries a break, while shares and U.S. dollar sink

Nexpressdaily
Last updated: August 2, 2025 3:44 pm
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U.S. President Donald Trump’s new tariff rates of up to 41% on U.S. imports from dozens of countries drew expressions of relief Friday from some countries that negotiated a deal or managed to whittle them down from rates announced in April. Others expressed disappointment or frustration over running out of time after hitting Trump’s Aug. 1 deadline for striking deals with America’s trading partners.

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