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Trump vows his policies will 'never change' after China retaliates with tariffs

  • Starting April 10, China will impose 34 percent tariffs on U.S. Imports and limit exports of rare earth materials, important for high-tech products.
  • Investment giant JP Morgan reported a rise in global recession odds from 40 percent to 60 percent as the stock market faced significant declines, marking the S&P 500's worst week since March 2020.
  • President Donald Trump stated that China 'panicked' and made a mistake, brushing off concerns about falling stock markets.
  • Economic pundit Stephen Moore emphasized the need for a quick resolution to the trade war, stating, 'We want as quick a deal on this as soon as possible, because every country would benefit.
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iNews broke the news in London, United Kingdom on Friday, April 4, 2025.
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