Stocks plunge further as tariff news sinks in

oleskalashnik / shutterstock / beschizza

Turmoil has engulfed the republic. Yesterday, President Trump announced worldwide tariffs on imports, described as reciprocal but in fact based on the balance of trade with each territory. The peculiar formula and other oddities, such as tariffs on trade from uninhabited islands, compounded the inevitable: a bad day at the stock market.Read the rest

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