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The president’s trade war entered a new phase on Thursday with hefty levies on scores of countries taking effect, adding further uncertainty.
By Andrew Ross SorkinBernhard WarnerSarah KesslerMichael J. de la MercedDanielle Kaye and Lauren Hirsch
Good morning. The next phase of President Trump’s trade war is here, as scores of trading partners and imported products now face significantly higher tariffs. That will raise costs for many companies — except for those who have placated Trump with acceptable-enough promises to invest in the U.S. — and continue to scramble the outlook for global business. We dive into the latest below.
