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The trade war is about to ramp up. A guide for tariff week.

  • U.S. Stocks fell sharply, with the Dow Jones dropping 715.80 points, reflecting concerns about consumer sentiment and inflation data.
  • The core personal consumption expenditures price index rose 0.4%, marking the largest gain since January 2024, and pushing the annual inflation rate to 2.8%, reported by the Federal Reserve.
  • Consumer sentiment plunged 12% this month, according to the University of Michigan's latest survey, raising market anxiety amid rising inflation.
  • Treasury yields fell as investors sought safer assets, while Wall Street's fear gauge, the Cboe Volatility Index, surged 15.84%, indicating heightened market fears.
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The spokesman-Review broke the news in Spokane, United States on Friday, March 28, 2025.
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