https://www.taxtmi.com/news?id=48824 The administration announced new import tariffs with an August 1 effective date, including a 25 percent levy on imports from two trading partners, posted notices to foreign leaders warning against retaliatory duties, and indicated further tariff escalation and sector-specific executive orders-on pharmaceuticals and copper-if trading partners respond. The move functions as a short extension of a prior negotiating pause and signals a hawkish trajectory for the trade conflict with market and macroeconomic implications. en-us Wed, 09 Jul 2025 02:31:03 +0530 Wed, 09 Jul 2025 02:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48824 The administration announced new import tariffs with an August 1 effective date, including a 25 percent levy on imports from two trading partners, posted notices to foreign leaders warning against retaliatory duties, and indicated further tariff escalation and sector-specific executive orders-on pharmaceuticals and copper-if trading partners respond. The move functions as a short extension of a prior negotiating pause and signals a hawkish trajectory for the trade conflict with market and macroeconomic implications. News - Wed, 09 Jul 2025 02:31:03 +0530 https://www.taxtmi.com/news?id=48824