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Global Market Meltdown Deepens; Trump Retains Tariff Stance

Bloomberg Daybreak: US Edition

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Market Turmoil and Global Impacts

This chapter explores the troubling state of financial markets amid rising uncertainty and downturns similar to the COVID crisis. It highlights the effects of trade tensions, anticipated Federal Reserve rate cuts, and severe losses in Asian and European stock markets. Additionally, the chapter discusses the implications of severe weather incidents and geopolitical tensions on the economy and trade policies.

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