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April’s “Liberation Day” tariff scare wiped out trillions from the market, and some investors fear that a recent reescalation in tariff talks could trigger similar fallout.
President Donald Trump recently extended the initial tariff pause to Aug. 1, however, the tariff announcements are already flowing. Investors are closely watching U.S.-China trade talks and Russia and its BRICS peers. New tariffs on copper recently, for instance, set the market in motion.