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International Business Times
International Business Times
Business

Stocks Slide As Trump's New Tariff Sweep Offsets Earnings

Donald Trump United States
Most markets fell as traders digested Donald Trump's latest tariff salvo (Credit: AFP)

Stock markets slid but the dollar held up Friday as US President Donald Trump announced tariffs on dozens of trading partners, offsetting strong earnings from tech giants.

With hours to go before Trump's August 1 deadline for governments to make toll-averting deals, the president unveiled a list of sweeping levies.

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