US EditionWhat Wisconsinites may want to know as tariffs impact global markets
- President Trump announced sweeping tariffs on U.S. Trading partners on Wednesday.
- Mounting trade tensions and volatility in global markets preceded this tariff announcement.
- The tariffs included 10% across-the-board levies and higher taxes for specific nations.
- Peter Tchir noted, "The numbers are shockingly high compared to what people expected."
- Markets reacted sharply, suggesting concern about trade war escalation and economic impact.
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Markets reel as US tariffs stoke fear of economic 'spiral of doom'
NEW YORK/LONDON, April 3 (Reuters) – President Donald Trump’s new tariffs sent shockwaves through global financial markets on Thursday, with the dollar and U.S. stocks among the hardest hit on fears that a broadening trade war would push an already fragile world economy into recession. Trump’s 10% baseline levy on all U.S. imports, with much higher duties imposed on some countries, sent investors fleeing risky assets as they worried Trump was up…
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Total News Sources7
Leaning Left2Leaning Right1Center2Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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