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Market Impact: 0.62
'Handful' of G20 countries reject U.S. stance on excess industrial capacity
Source: CNBC
Tax & TariffsTrade Policy & Supply ChainGeopolitics & War
Most G20 countries rejected the Trump administration's tariff action, which imposed 10% or 12.5% duties on goods from 59 countries. The broad international opposition raises risks of retaliatory trade measures, supply-chain disruption, and weaker cross-border trade activity.
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