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Trump Tariffs Live Updates: U.S. Markets Plunge From Shock of Tariffs The New York TimesLive updates: Trump unveils tariffs, administration news | CNN Politics CNNWe're jumping into this tariffs-driven market plunge and buying two stocks CNBCStock market today: S&P 500, Nasdaq plunge, Dow drops 1,200 points as Trump's tariffs rip through global markets Yahoo FinanceTrump tariffs live updates
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Wall Street followed global markets sharply lower Thursday after U.S. President Donald Trump announced tariffs on imports of goods from around the world.
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What the tariff rates Trump rolled out yesterday made clear is that his goal isn't, ultimately, to bring down trade barriers.
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Asian equities were lower overnight following President Trump's "Liberation Day" tariff announcements. Vietnam and Japan were hit hard, while Taiwan and Indonesia picked the right day to be closed. Hong Kong, Mainland China, and South Korea were all off, but quite resilient as all markets were down less than -2%.
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After weeks of anticipation and speculation, President Donald Trump followed through on his tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.
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The Senate passed a resolution Wednesday night that would thwart President Donald Trump's ability to impose tariffs on Canada, delivering him a rare rebuke just hours after the president unveiled sweeping plans to clamp down on international trade.
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