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President Donald Trump has introduced a new tariff system following the Supreme Court's rejection of his original levies, escalating the ongoing trade war. The new framework is described as more complex, aiming to maintain pressure on trading partners while complying with legal constraints. Markets reacted negatively, with risk appetite declining as investors assess the potential for prolonged disruption to global supply chains. The announcement adds uncertainty to intraday trading, with sectors like manufacturing and retail expected to face heightened volatility. Analysts warn that the move could dampen liquidity and amplify speculative swings in currency and commodity markets.
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