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Forbes
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Trump Order Pushes Tariffs Start Date To August 7—Rates Set For 67 Countries And EU

1. Trump's tariffs start August 7, revised from August 1 deadline. 2. Tariffs range between 10% and 41% for 67 countries and EU. 3. Countries not listed face a baseline tariff rate of 10%. 4. China's rates are not included; negotiations continue with Mexico. 5. Higher tariffs may increase uncertainty for U.S. trading partners.

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FAQ

Why Bearish?

Increased tariffs heighten trade tensions, historically impacting market stability negatively. For instance, previous trade wars have led to declines in the S&P 500.

How important is it?

Tariffs affect market dynamics and investor sentiment, likely influencing S&P 500 directly.

Why Short Term?

Immediate effects on market sentiment due to tariff implementation and uncertainty. Historical tariff announcements have shown sharp short-term price reactions.

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