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SBS News In Depth - Stock markets stagger as US tariffs decisions come and go

Stock markets stagger as US tariffs decisions come and go

02/04/25 • 9 min

SBS News In Depth
President Donald Trump’s tariffs on Mexico, Canada, and China have rattled global markets, triggering sharp losses on Wall Street. Temporary reprieves for Mexico and Canada eased concerns, but China is set to be sanctioned. Meanwhile, Mr Trump’s foreign policy moves - cutting USAID, considering Greenland’s takeover, and withdrawing from the World Health Organisation—are raising global tensions.
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President Donald Trump’s tariffs on Mexico, Canada, and China have rattled global markets, triggering sharp losses on Wall Street. Temporary reprieves for Mexico and Canada eased concerns, but China is set to be sanctioned. Meanwhile, Mr Trump’s foreign policy moves - cutting USAID, considering Greenland’s takeover, and withdrawing from the World Health Organisation—are raising global tensions.

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