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US, global markets plunge as Trump's tariff hike escalate trade war fears

IndiaTimes Thursday, 3 April 2025
Wall Street and global markets plummeted after President Trump's announcement of new global tariffs, intensifying trade war fears. The S&P 500, Dow, and Nasdaq futures saw significant drops, while oil prices and the US dollar also fell. Economists warn that these tariffs could slow growth, increase inflation, and heighten economic uncertainty worldwide.
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Video Credit: Oneindia - Published
News video: Trump's Trade War Hits European Allies: Chief Ursula SLAMS Tariffs - ‘MAJOR BLOW to Global Economy'

Trump's Trade War Hits European Allies: Chief Ursula SLAMS Tariffs - ‘MAJOR BLOW to Global Economy' 19:58

The U.S.-EU trade war just took a dramatic turn! President Donald Trump has slapped a 20% tariff on all European Union imports, triggering outrage across Europe. European Commission President Ursula von der Leyen has blasted the move, calling it a “major blow” to the global economy. With tensions...

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