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Fortune
Fortune
Nicholas Gordon

Asia-Pacific markets plunge on Trump’s renewed ‘all countries’ tariff threat

(Credit: Brendan Smialowski—AFP/Getty Images)

Asian markets are in the red on Monday after U.S. President Donald Trump reiterated his threat to impose broad tariffs in just a few days’ time.

On Sunday, the U.S. president told reporters that he expected to slap tariffs on “all countries” come Wednesday, and dismissed suggestions that the initial wave of new U.S. levies would target a small number of countries. 

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