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AAP
AAP
Business
Derek Rose

Aussie shares dip as Trump vows to impose metal tariffs

Australian stocks have stabilised but are still down after Donald Trump's comments on tariffs. (Bianca De Marchi/AAP PHOTOS)

The local share market has fallen after Donald Trump fired another salvo in his budding trade war, declaring he would announce new tariffs early this week.

The benchmark S&P/ASX200 index on Monday dropped 28.6 points, or 0.34 per cent, to 8,482.8, while the broader All Ordinaries fell 32.7 points, or 0.37 per cent, to 8,747.6.

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