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Yahoo
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Trump's tariffs inject fresh uncertainty into global markets
US President Donald Trump's latest tariff hikes injected fresh uncertainty into international markets, underscoring Trump's remaking of the global economic order. In just months, Washington's effective tariff rate has risen by more than 15 percentage points, as Trump wielded economic and geopolitical power to exert his protectionist will on other nations, which were 'willing to quickly ditch the rules-based trading order that just a few years ago many professed was the bedrock of international economic prosperity,' an Atlantic Council expert wrote. Expect further shuffling of supply chains with less trade overall, a Financial Times commentator argued. The world's economy has been resilient, but cracks are emerging, and the US' recession risk is elevated, Goldman Sachs economists warned. — J.D. Capelouto Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
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- Bloomberg
Korea's SK On Aims to Best Rivals With Next-Generation Batteries
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Bloomberg
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Oil Drops After OPEC+ Supply Hike Amplifies Concerns Over Glut
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