The Memo: Trump under pressure on tariffs as Dow sinks again — 135 posts — The True Story

Summary

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President Donald Trump's new tariffs continued to roil stocks on Monday, with the Dow Jones Industrial Average posting a record-high intraday swing of 2,595 points before closing down about 350 points.
CNBC
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President Donald Trump's sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists' worries that the U.S. could tip into recession.
The Independent
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Panic has gripped financial markets amid fears President Trump’s tariffs will trigger a global recession.
The Sun
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Extreme volatility plagued global stock markets on Monday, with Wall Street swinging in and out of the red as Trump defied stark warnings that his worldwide trade assault will wreak widespread economic damage, comparing new US tariffs to medicine.
Guardian

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