President Donald Trump in recent days slapped tariffs as high as 50% on dozens of countries, restoring the type of aggressive trade policy that sent stocks plummeting a few months ago. The new round of levies prompted little more than a shrug on Wall Street.

Yet the market (as of July 11) isn't far off from its all-time high, and it doesn't seem to be poised for the same explosive sell-off that occurred in early April. Is the stock market underestimating Trump's tariffs?

Trump said this week that there would be no new extensions granted for the August 1 deadline. Market pros tell BI where they see winners and losers.

President Trump is once again turning up the tariff dial, but stocks aren't reacting nearly as strongly as they did back in April. In recent days, Trump has written letters threatening 30% duties on goods from Mexico and the European Union while also warning of 35% tariffs on Canadian imports.

Most European markets took a hit as trading resumed in the wake of President Trump's latest tariff threats, and as the EU keeps hoping for a deal.

A couple deals with major trading partners could mean the effective tariff rate rises from 16% to 18% versus 21% scenario, according to Pingle.Nadia Lovell, senior U.S. equity strategist for UBS Global Wealth Management,

U.S. stocks closed higher on Wednesday, with the S&P 500 edging up after President Donald Trump denied reports suggesting he was preparing to fire Federal Reserve Chairman Jerome Powell. At the close of trading,

Trump’s tariffs and the trade war continue to roil global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

Donald Trump has warned Vladimir Putin with tariffs and new arms for Ukraine. This action follows failed peace talks. Secondary tariffs will target Russia's trade partners. The US will supply weapons,

More than two-thirds of Japanese firms believe the government should compile an extra budget later this year to mitigate the impact of U.S. President Donald Trump's new tariffs and rising prices, a Reuters survey showed on Thursday.

Nasdaq edges higher after president's latest tariff threats

IBD 50 name Rocket Lab RKLB soared 7.5% and reached a new high on the stock market today. Citigroup raised its target price to 50 from 33 and held its buy rating on the rocket and spacecraft stock. Rocket Lab has gained around 63% year to date and has a 99 Relative Strength Rating.