Stock market plummets following Trump's tariff declaration
- Financial markets experienced a significant drop as Dow futures fell over 1,200 points after President Donald Trump announced proposed tariffs, intensifying fears of a global trade war.
- The Consumer Technology Association warned that these tariffs would cause 'massive tax hikes' on American consumers, leading to increased prices and economic hardship.
- Vice President JD Vance assured the public that the tariffs would eventually contribute to long-term economic health despite short-term pain for consumers.
- The market's reaction suggests investors fear the tariffs could disrupt supply chains and escalate into a full-blown trade conflict.
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Trump shocks Germany and the world with tariffs. Experts on what measures Trump-America could take sensitively.
·Berlin, Germany
Read Full ArticleThe populist president wants the global trade dispute so much that he forgets the American people.
·Zürich, Switzerland
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Total News Sources610
Leaning Left97Leaning Right82Center179Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 27%
C 50%
R 23%
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