The White House plans to spare specific sectors from wide-ranging tariffs expected early next month, Bloomberg and the Wall Street Journal reported on Monday.Why it matters: Stocks jumped in early trading after reports that suggested the much-hyped “Liberation Day” might not be as harsh or broad as previously expected.What to watch: Treasury Secretary Scott Bessent said the administration will likely impose reciprocal tariffs on about 15% of nations with ongoing trade imbalances with the U.S…
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