New tariffs implemented by the Trump administration have officially taken effect. These measures apply to a variety of imported goods, with experts indicating that the policy is expected to lead to a gradual increase in consumer prices for items including electronics, clothing, and vehicles.
In the financial markets, US stock index futures moved higher on Friday following a previous session marked by a tech-led selloff. Investors are currently assessing the impact of the new tariff announcement alongside fresh corporate earnings reports and ongoing geopolitical tensions in the Middle East.
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