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Benzinga
Benzinga
Business
Piero Cingari

Wall Street Slumps, Dollar Jumps After Trump's Tariff Blitz: What's Moving Markets Monday?

Markets.Man

President Donald Trump sent markets into a tailspin Monday after officially announcing sweeping 25% tariffs on all imports from Japan and South Korea, starting Aug. 1.

The new tariffs apply to all goods from the two Asian economies and are in addition to any existing sector-specific duties.

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