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Browsing: trade tensions
Stock markets plunged sharply as former President Donald Trump intensified trade war measures, raising fears of escalating tariffs and economic uncertainty. Investors reacted swiftly, triggering broad sell-offs globally.
Australian shares climbed as investors remained unfazed by ongoing tariff concerns. Market confidence held steady, driven by positive corporate earnings and global economic data, easing fears of trade disruptions.
President Trump announced plans to impose steep tariffs on copper, expanding his trade war agenda. The move aims to protect U.S. industries but raises concerns about potential impacts on global markets and supply chains.