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What’s News in Markets: iPhone Tariffs, Target Backlash, Ross Stores Trade Woes

WSJ Your Money Briefing

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Market Responses to Tariff Threats and Corporate Challenges

This chapter analyzes the recent market shifts caused by President Trump's tariff threats towards the EU and foreign iPhones, focusing on their impact on major corporations like Apple. It also addresses Target's issues with a consumer boycott and Ross Stores' earnings guidance withdrawal, connecting these events to broader economic concerns.

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