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World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries.
From Reuters
Apple shares fell 7% in Frankfurt after U.S. President Donald Trump announced sweeping tariffs on trading partners including China where the U.S. group has a big manufacturing base.
From Reuters
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The selloff followed a White House announcement on Wednesday outlining a set of retaliatory tariffs designed to mirror the average tariff levels that other countries apply to U.S. goods. The plan was unveiled by President Donald Trump during remarks at the White House Rose Garden.
President Trump says he will impose blanket tariffs on all countries with ‘worst offenders’ including China and Europe facing much higher rates
Apple Inc slid 5.6% after Trump announced tariffs on its overseas production hubs, potentially impacting its bottom line.
US stocks plunged after President Trump announced a baseline 10% tariff on all US trading partners, sending shockwaves through markets and the global trade order.
Apple and Tesla stocks drop in wake of ‘Liberation Day’ as Republicans defy president over tariffs - President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hard