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International Business Times
International Business Times
Business

Market Panic Mounts As World Scrambles To Temper Trump Tariffs

Wall Street braced Sunday for significant losses at the start of the week over Donald Trump's punishing tariffs on exports to the US, as oil prices plummeted even with countries seeking compromise with the defiant president.

The Republican denied Sunday he was intentionally engineering a market selloff and insisted he could not foresee market reactions, saying he would not make a deal with other countries unless trade deficits were solved.

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