New York, July 25 -- Even as President Donald Trump's vows to roll out punishing new tariffs on August one have barely made a ripple with investors who are convinced he'll once again back down, the White House officials have affirmed they're serious this time.
Despite Wall Street giving a shrug to the potential fallout, Trump's aides preparing to raise tariffs on the United States' closest allies are taking the markets' complacency as validation for their policies, arguing that it shows corporations across the world are adjusting to the administration's disruptive trade strategy, reports CNN.
Unlike in April, when widespread panic forced Trump to shelve his initial across-the-board tariffs, the stock market now is hitting new highs in spi...