As over 150 companies released their second-quarter earnings on July 23, investors were still absorbing the headline economic event of the day as the US Trade Representative announced new 10% to 12.5% tariffs under Section 301 on imports from 60 partner economies. Citing enforcement failures regarding forced labor, these sweeping levies directly affect standard trade supply chains, reinforcing the aggressive protectionist agenda of the Trump administration. This action coincided with Bureau...
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