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Trump officials defend tariffs amid market, conservative unrest

  • Stock markets experienced sharp declines due to new tariffs imposed by the White House, negatively impacting investment portfolios.
  • A 10 percent import tax on goods and a 25 percent levy on foreign cars were implemented, prompting concerns among investors about market value.
  • Wealth managers are advising clients to maintain a long-term view, stating that short-term dips in value are a normal aspect of investing.
  • Investment analysts emphasized that panic selling during market corrections can be detrimental and urged investors to focus on long-term returns.
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  • 51% of the sources lean Right
51% Right
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iNews broke the news in London, United Kingdom on Sunday, April 6, 2025.
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