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Winners, losers from Donald Trump’s tariffs

  • Trade turmoil spread to credit and the US bond market overnight in Asia, impacting share prices.
  • Bond markets are skeptical about Trump's tariff policy, contributing to this market disruption.
  • Trading in US government debt saw interest rates rise to 5% during overnight trading.
  • Treasury Secretary Scott Bessent stated, "We saw the successful negotiating strategy that President Trump implemented a week ago today."
  • Trump paused tariff implementation for 90 days, potentially influenced by advisors, while a 10% tariff remains.
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Origo broke the news in Budapest, Hungary on Wednesday, April 9, 2025.
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