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The Independent UK

Business

Anna Wise

Global stock markets suffer sell-off in aftermath of US tariffs

Donald Trump United States United Kingdom Currys

A global sell-off has swept across the financial markets after Donald Trump’s tariff announcement, with the US’s top index plunging to a seven-month low and European stocks facing a bruising session.

Mr Trump’s plans to impose sweeping tariffs has stoked fears over the outlook for global economic growth and a possible recession in the United States.

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