New tariffs go into effect — APNews.com

Photo by frank mckenna on Unsplash

New tariffs are now in effect. The global response has been tense, with industries abroad feeling the impact and market optimism tempered by unresolved legal and economic doubts.

Key Takeaways

  • The new tariffs are causing global economic strain, with both U.S. and international industries facing higher costs and uncertainty.

  • While financial markets have remained resilient, experts caution that potential risks and negative impacts may surface over time.

  • Legal and political challenges to the tariffs continue, deepening uncertainty about their ultimate economic effects.

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