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The Nexus
BUSINESSJun 3 · 11:59 UTCSEMAFORPrashant Rao

US proposes new tariffs

The US proposed new tariffs on major trading partners including Canada, the EU, Mexico, the UK, China, and India, citing failure to address forced labor. Additional duties on refined copper and the closure of the Strait of Hormuz are exacerbating trade pressures.

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