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Trump’s Economy Is Flashing Red

  • U.S. stocks declined on Thursday as tariff uncertainty continued, with the Dow dropping 300 points or 0.7% since opening.
  • Employers announced plans to cut 172,017 jobs in February, marking a 103% increase from January, according to Challenger, Gray & Christmas's report.
  • President Donald Trump postponed a 25% tariff on most goods from Mexico for a month, aiming to reduce trade war fears, although other tariffs remain scheduled.
  • Investors are concerned about inflation and a potential stagflation scenario, leading to heightened volatility in the market, as reported by Jeffrey Roach, Chief Economist at LPL Financial.
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US and European stocks gyrate on tariffs and growth

Wall Street stocks resumed their downward slide on Thursday amid uncertainty over US President Donald Trump's shifting trade policy, while European bourses advanced following an ECB interest rate cut.

·Calhoun, United States
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interactivebrokers.com broke the news in on Tuesday, March 4, 2025.
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