https://www.taxtmi.com/news?id=48743 The White House announced renewed imposition and expansion of tariffs on a broad set of trading partners, notifying specific allies of forthcoming import taxes and announcing additional tariff rates for several other countries while threatening an extra levy on nations aligning with antagonistic blocs; the administration extended a prior tariff deadline to seek new trade concessions. Markets reacted unevenly, with Asian equities generally rising and U.S. indexes falling amid widespread selling, prompting concerns about greater downside risks to global growth and increased investor uncertainty. en-us Tue, 08 Jul 2025 13:01:03 +0530 Tue, 08 Jul 2025 13:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48743 The White House announced renewed imposition and expansion of tariffs on a broad set of trading partners, notifying specific allies of forthcoming import taxes and announcing additional tariff rates for several other countries while threatening an extra levy on nations aligning with antagonistic blocs; the administration extended a prior tariff deadline to seek new trade concessions. Markets reacted unevenly, with Asian equities generally rising and U.S. indexes falling amid widespread selling, prompting concerns about greater downside risks to global growth and increased investor uncertainty. News - Tue, 08 Jul 2025 13:01:03 +0530 https://www.taxtmi.com/news?id=48743