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Financial markets tumble after Trump tariff announcement
Financial markets tumble after Trump tariff announcement
by  AFP

Global financial markets were rocked on Wednesday by Donald Trump's announcement of sweeping tariffs, targeting China and the European Union in particular, with the risk of undermining the international economy. The bond market also played its role as a safe haven, with the yield on the benchmark ten-year US Treasury, easing to 4.10 percent after Donald Trump's announcement.

Europe riled, but plans cool-headed response to Trump's tariffs
Europe riled, but plans cool-headed response to Trump's tariffs
by  AFP

European politicians and a German industry group criticised US tariffs announced by President Donald Trump on Wednesday, but said they were aiming for a cool-headed response. - US warns: don't retaliate - The German chemicals industry called for the EU to "keep a cool head," warning that "a spiral of escalation would only increase the damage".

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