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Global markets slide after Trump slaps huge reciprocal tariffs on 'Liberation Day'

IndiaTimes Thursday, 3 April 2025
Asian markets and US stock futures experience significant drops after President Trump announces increased tariffs on global imports, aiming to boost US manufacturing. Market indices in Tokyo, South Korea, and Australia close lower, while US futures signal further declines. Analysts warn of potential negative economic impacts amidst already volatile markets.
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Video Credit: Oneindia - Published
News video: Trump Slaps Heavy Tariffs on India: ‘Friend’ Modi Treated US Unfairly – Claims Trade War Justified

Trump Slaps Heavy Tariffs on India: ‘Friend’ Modi Treated US Unfairly – Claims Trade War Justified 05:39

 In a shocking trade move, Donald Trump has imposed heavy tariffs on India, claiming that despite his friendship with PM Modi, India has treated the US unfairly with high import duties. The US President argues that this is a justified retaliation against India's "52% tariffs," hitting back with a 26%...

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