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Trump’s sweeping global tariffs, including 104% against China, due to take effect – business live

Stocks set for another bumpy day after China refuses to drop its 34% levy in response to US president’s threatsAustralia’s S&P/ASX 200 index has fallen 2.1% to 7,351.20 points this morning, Reuters is reporting.Australian shares are poised to fall sharply today as Donald Trump presses ahead with plans to hit China with huge retaliatory tariffs. Continue reading...

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