As President Donald Trump unveiled a blitz of new tariffs across different countries on Thursday, the markets remained largely unfazed by the move. What Happened: On Thursday, in a post on X, The Kobeissi Letter highlighted the market’s muted response to Trump’s sweeping new moves on the trade and tariff front. The post notes that Trump “randomly” increased tariffs on Canada, the largest trading partner of the United States, from 25% to 35%. Followed by a string of new tariffs on others, such as
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