diff --git a/mypy/newsemanal/semanal.py b/mypy/newsemanal/semanal.py
index 260cd5cb3dfbc..94ec97a7eb73c 100644
--- a/mypy/newsemanal/semanal.py
+++ b/mypy/newsemanal/semanal.py
@@ -1824,6 +1824,11 @@ def visit_import_all(self, i: ImportAll) -> None:
 
     def visit_assignment_stmt(self, s: AssignmentStmt) -> None:
         self.statement = s
+
+        # Special case assignment like X = X.
+        if self.analyze_identity_global_assignment(s):
+            return
+
         tag = self.track_incomplete_refs()
         s.rvalue.accept(self)
         if self.found_incomplete_ref(tag) or self.should_wait_rhs(s.rvalue):
@@ -1868,6 +1873,47 @@ def visit_assignment_stmt(self, s: AssignmentStmt) -> None:
             self.process_module_assignment(s.lvalues, s.rvalue, s)
         self.process__all__(s)
 
+    def analyze_identity_global_assignment(self, s: AssignmentStmt) -> bool:
+        """Special case 'X = X' in global scope.
+
+        This allows supporting some important use cases.
+
+        Return true if special casing was applied.
+        """
+        if not isinstance(s.rvalue, NameExpr) or len(s.lvalues) != 1:
+            # Not of form 'X = X'
+            return False
+        lvalue = s.lvalues[0]
+        if not isinstance(lvalue, NameExpr) or s.rvalue.name != lvalue.name:
+            # Not of form 'X = X'
+            return False
+        if self.type is not None or self.is_func_scope():
+            # Not in global scope
+            return False
+        # It's an assignment like 'X = X' in the global scope.
+        name = lvalue.name
+        sym = self.lookup(name, s)
+        if sym is None:
+            if self.final_iteration:
+                # Fall back to normal assignment analysis.
+                return False
+            else:
+                self.defer()
+                return True
+        else:
+            if sym.node is None:
+                # Something special -- fall back to normal assignment analysis.
+                return False
+            if name not in self.globals:
+                # The name is from builtins. Add an alias to the current module.
+                self.add_symbol(name, sym.node, s)
+            if not isinstance(sym.node, PlaceholderNode):
+                for node in s.rvalue, lvalue:
+                    node.node = sym.node
+                    node.kind = GDEF
+                    node.fullname = sym.node.fullname()
+            return True
+
     def should_wait_rhs(self, rv: Expression) -> bool:
         """Can we already classify this r.h.s. of an assignment or should we wait?
 
diff --git a/test-data/unit/check-newsemanal.test b/test-data/unit/check-newsemanal.test
index 5314210706a30..29c7100e8f683 100644
--- a/test-data/unit/check-newsemanal.test
+++ b/test-data/unit/check-newsemanal.test
@@ -2886,3 +2886,85 @@ def f() -> None:
     x, (y, *z) = t
     reveal_type(z)  # N: Revealed type is 'builtins.list[builtins.str*]'
 [builtins fixtures/list.pyi]
+
+[case testNewAnalyzerIdentityAssignment1]
+from foo import *
+
+try:
+    X = X
+except:
+    class X: # E: Name 'X' already defined (possibly by an import)
+        pass
+
+reveal_type(X()) # N: Revealed type is 'foo.X'
+
+[file foo.py]
+class X: pass
+
+[case testNewAnalyzerIdentityAssignment2]
+try:
+    int = int
+    reveal_type(int()) # N: Revealed type is 'builtins.int'
+except:
+    class int: # E: Name 'int' already defined (possibly by an import)
+        pass
+
+reveal_type(int()) # N: Revealed type is 'builtins.int'
+
+[case testNewAnalyzerIdentityAssignment3]
+forwardref: C
+
+try:
+    int = int
+    reveal_type(int()) # N: Revealed type is 'builtins.int'
+except:
+    class int: # E: Name 'int' already defined (possibly by an import)
+        pass
+
+reveal_type(int()) # N: Revealed type is 'builtins.int'
+
+class C: pass
+
+[case testNewAnalyzerIdentityAssignment4]
+try:
+    C = C
+    C
+except:
+    class C:
+        pass
+
+reveal_type(C()) # N: Revealed type is '__main__.C'
+
+[case testNewAnalyzerIdentityAssignment5]
+forwardref: D
+
+try:
+    C = C
+    C
+except:
+    class C:
+        pass
+
+class D: pass
+
+reveal_type(C()) # N: Revealed type is '__main__.C'
+
+[case testNewAnalyzerIdentityAssignment6]
+x: C
+class C:
+    pass
+C = C
+
+reveal_type(C()) # N: Revealed type is '__main__.C'
+reveal_type(x) # N: Revealed type is '__main__.C'
+
+[case testNewAnalyzerIdentityAssignment7]
+C = C # E: Name 'C' is not defined
+
+reveal_type(C) # N: Revealed type is 'Any' \
+               # E: Name 'C' is not defined
+
+[case testNewAnalyzerIdentityAssignment8]
+from typing import Final
+x: Final = 0
+x = x # E: Cannot assign to final name "x"
diff --git a/test-data/unit/check-type-aliases.test b/test-data/unit/check-type-aliases.test
index 41434cd43c646..ae3ef301686aa 100644
--- a/test-data/unit/check-type-aliases.test
+++ b/test-data/unit/check-type-aliases.test
@@ -589,7 +589,6 @@ def foo(x: Bogus[int]) -> None:
 [builtins fixtures/dict.pyi]
 
 [case testOverrideByIdemAliasCorrectType]
-# flags: --no-new-semantic-analyzer
 C = C
 class C:  # type: ignore
     pass