“Many of Trump’s tariffs are higher than the market had been anticipating.”

We knew that August 1st was the deadline for some tariffs to go into effect. That deadline for many of those tariffs is now August 7th, but in some cases they are higher than the market had been anticipating. President Trump unveiling a new slate of new tariffs in his effort to reshape global trade.The baseline rates for many trading partners will remain unchanged at 10% from the duties that Trump imposed in April. But Canada will face a 35% tariff. Switzerland 39%.The moves mark a sharp increase in levies, ...