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Tariffs worry US investors over potential for economic instability

Summary by iNews
Investors are bracing for a looming hit to US corporate profits and pressure on inflation after President Donald Trump on Saturday signed an executive order imposing tariffs on its largest trading partners, with markets seen as not having fully factored in risks from higher levies on foreign imports.The president’s executive order imposes a 25% tariff on goods entering the country from Mexico and Canada and 10% on imports from China, with what t…

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iNews broke the news in London, United Kingdom on Sunday, February 2, 2025.
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