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Global stocks and US futures plunge as Trump tariffs reverberate across the world

  • Global stock markets fell sharply due to fears that U.S. Tariffs would lead to a global economic slowdown.
  • President Donald Trump announced import taxes of 10% to 50% on goods, which he believes are necessary despite market sell-offs.
  • A TIPP Poll revealed that many Americans believe Trump's tariffs influenced U.S. Investment decisions, with strong support especially among Republicans.
  • Uncertainty about the tariffs is driving the drop in stock prices.
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thepress.netthepress.net
+4 Reposted by 4 other sources
Center

'Catastrophe': Volkswagen town rattled by Trump trade war

The dour mood at Germany's crisis-hit auto giant Volkswagen has given way to angst and fury as US President Donald Trump has escalated a trade war against friends and foes alike.

The Elkhart TruthThe Elkhart Truth
+17 Reposted by 17 other sources
Lean Right

Equities resume selloff as Trump cranks up trade war

Equities and oil plunged again Wednesday after Donald Trump ramped up his trade war by hitting China with tariffs of more than 100 percent as sweeping measures against the United States' dozens of partners are set to come into effect.

WCVBWCVB
+15 Reposted by 15 other sources
Center

Stocks swing as Trump threatens more tariffs on China

President Donald Trump threatens to increase tariffs on China, causing stocks to swing and prompting world leaders to seek trade deals.

·Boston, United States
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Politico broke the news in on Sunday, April 6, 2025.
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