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Trump’s Tariff Announcement: Analysts React to Latest U.S. Levies (CNBC): Analysts warned Trump's sweeping tariffs could spark stagflation, damage global growth and drive the U.S. into recession, with some noting the measures rival 1930s-era trade barriers. China Urges U.S. to Immediately Lift Tariffs, Vows Retaliation (Reuters): China’s Commerce Ministry said the U.S. tariffs ignore past multilateral trade agreements and overlook how much Washington has historically gained from gloal commerce #TrumpTariffs
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