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Fortune
Fortune
Paolo Confino

Markets are ignoring the latest round of Trump's tariffs, but ‘at some point the rubber has to hit the road,’ UBS strategist says

Donald Trump UBS United States White House Jonathan Pingle
Trading floor (Credit: Spencer Platt/Getty Images)
  • Investors are willing to “look through” the risks of President Donald Trump’s new batch of tariffs set to take effect on Aug. 1 because they just see them as negotiating tactics, experts say. But tactic or not, current tariff rates are more than six times where they were at the start of the year.  

Markets are largely ignoring the possibility a new round of tariffs could tank stocks like they did in April. 

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