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Stocks drop as Trump's new tariff sweep offsets earnings

Energy Daily Sunday, 3 August 2025 ()
Stocks drop as Trump's new tariff sweep offsets earningsHong Kong (AFP) Aug 1, 2025

Stock markets fell Friday as Donald Trump announced tariffs on dozens of trading partners ahead of a self-imposed deadline, offsetting strong earnings from tech giants. With hours to go before the US president's deadline for governments to make toll-averting deals, he unveiled a list of sweeping levies he had decided to impose upon those still in talks. However, he did provide a minor re
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