July 25, 2026
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9:45Now PlayingBloomberg global trade editor Brendan Murray says the Trump administration is replacing expiring tariffs with new Section 301 levies tied to forced labor investigations, extending duties to dozens of countries while laying the groundwork for additional trade actions. He says markets have largely absorbed the latest tariffs, but legal challenges and broader investigations into industrial overcapacity could shape the next phase of US trade policy and relations with China.
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