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International Business Times

Business

Stocks, Dollar Drop As Tariff Talk Dominates

Donald Trump United States

Donald Trump said he could start sending tariff letters to countries from Friday (Credit: AFP)

Stock markets mostly fell alongside a retreating dollar Friday as international tensions over tariffs dominated sentiment.

Traders digested news also of Congress narrowly passing US President Donald Trump's signature tax and spending bill that analysts argue risks ballooning national debt and wider inflation.

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