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US President Trump says need more tariffs

Newsquawk Staff ·

US President Trump says need more tariffs.

What it means

President Trump's call for more tariffs signals a potential escalation in trade tensions, which could negatively impact global market sentiment. This could lead to a stronger USD against other currencies like the EUR and JPY, while also weighing on equities and commodities, particularly those sensitive to trade disruptions such as energy and gold.

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