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Global Markets React To Trump's Tariff Comments

President Donald Trump appears on a screen as traders work on the floor at the New York Stock Exchange in New York, Tuesday, Jan. 21, 2025. (AP Photo/Seth Wenig)

European markets opened higher on Wednesday, with France’s CAC 40 gaining 0.7% and Germany’s DAX adding 1%. Britain’s FTSE 100 also added 0.4%.

Asian stocks showed mixed results following U.S. President Donald Trump's comments on tariffs, causing uncertainty in Chinese markets. Hong Kong’s Hang Seng dropped 1.6%, while the Shanghai Composite lost 0.9%. However, Tokyo's Nikkei 225 index was up 1.6% after Trump announced a joint venture investing in AI infrastructure.

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