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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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.
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Total News Sources705
Leaning Left120Leaning Right87Center198Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 30%
C 49%
R 21%
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