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Wall Street rattled as tariff threats spark sell-off

7NEWS Australia16 views
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Trillions of dollars have been wiped off the US stock market as Wall Street suffered its worst day so far this year.

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The plunge began when Donald Trump threatened to impose a 100 % tariff on imported goods from China and higher -than -expected jobs figures, had investors panicking about a looming rate hike, triggering sell -offs in the tech sector.The US president fumed about the losses on social media.It could set the tone for a nervous start to trading here in Australia when markets reopen on Tuesday.

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