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Trump’s tariffs set course for world downturn

Editorial of the Socialist issue 1316 The global stock markets have plunged in reaction to President Donald Trump’s 2 April ‘liberation day’ announcements. Around $5.4 trillion was wiped from the value of the US stock markets in the first two days. The 9.1% fall was the biggest in a week since the Covid pandemic lockdowns ground the world economy to ...

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