The tariff inflationary risk is here to stay, even as effects from the Iran war raise prices in other areas hitting household budgets.
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Global trade drama is back, with new tariffs on worldwide allies in the hopper.
Why it matters: This round is quieter. The Truth Social threats have been replaced by a more legally tested, bureaucratic process. Still, it is the clearest sign yet of the Trump administration's commitment to reinstate a tariff regime that was torn down by the Supreme Court.
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