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White House Narrows April 2 Tariffs

  • Stocks rose over 1% as reports suggested that President Trump's tariffs starting April 2 might be narrower than expected.
  • A White House official indicated that tariffs on autos and semiconductors are still under review and 'may or may not happen April 2'.
  • Investor sentiment improved, with market analysts noting that investors were hopeful about a more targeted approach to tariffs, which could ease fears of economic impact.
  • Chinese Premier Li Qiang warned of potential economic 'shocks that exceed expectations' due to U.S. Tariff policies, indicating increasing global uncertainty.
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Labels & Labeling broke the news in on Sunday, March 23, 2025.
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