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Market Midday: Stocks Lower, Social Media Post Moved Markets, All 2024 Gains Wiped Out for Dow & Nasdaq 4/7/25

CNBC Business News Update

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Market Turmoil Amidst Tariff Tensions

This chapter explores the rising tensions between the U.S. and China over tariffs, focusing on President Trump's proposal for a drastic new tariff that rattles the stock market. Key insights from financial executives reveal the economic ramifications, including inflation concerns and fluctuations in mortgage rates and oil prices.

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