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Trump's latest tariff pledge sends stock markets swinging

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Bloomberg |
Treasury Secretary Scott Bessent urged US trading partners against taking retaliatory steps against President Donald Trump’s new set of retaliatory tariffs.
The Financial Times |
Trump has elevated tariffs to rates last seen after passage of the infamous Smoot-Hawley Act in the Great Depression.
Business Insider |
There are arguments that Trump might skip the universal 20% tariff in favor of those that target countries with which the U.S. is caught in a trade war.

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