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The S&P 500 was down 4.2% in afternoon trading, more than other major stock markets, and at its bottom in the morning was on track for its worst day since Covid struck in 2020. The Dow Jones Industrial Average was down 1,394 points, or 3.3%, as of 2:09 p.m. Eastern time, and the Nasdaq composite was 5.3% lower.
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News and Media
The Chief Executive of Eli Lilly has told the BBC that he is doubtful tariffs could bring manufacturing jobs to the US whilst raising billions in tax revenue
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News and Media
President Trumps expansive new tariff regime reverses a decades-long global trend of lower trade barriers that will likely raise prices for U.S. consumers and threatens to sharply slow the economy.
Category:
News and Media
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