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Trump says NYC pied-à-terre tax 'must be stopped,' eyes federal block

Reported by CNBC · cnbc.com · August 11, 2026

Trump in a Truth Social post called Mamdani's pied-à-terre tax a "dangerous political 'experiment' in New York will destroy" the city and state.

What the tape says

What to watch: Rate path uncertainty favors short-duration positioning and quality balance sheets.

Market reaction today: $XYZ -0.95%

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