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The Independent UK
The Independent UK
James Liddell,Oliver O'Connell and Gustaf Kilander

Trump tariffs: President rages against weak jobs report and fires Labor official as markets fall on new import taxes

Stocks fell sharply on Wall Street during trading on Friday, with all three main indexes closing down significantly after President Donald Trump unveiled his sweeping new tariff plan, which targets 92 countries with new rates.

Trump signed executive orders to impose tariffs ranging from 15 to 41 percent on goods from dozens of countries on Thursday, hours before his self-imposed August 1 trade deadline. Markets also declined across Europe and Asia.

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