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The Latest: Markets sink as Trump's tariffs roil global trading system

Global markets plunged Monday following last week's two-day meltdown on Wall Street, and U. S. President Donald Trump said he won't back down on his sweeping new tariffs, which have roiled global trade. Countries are scrambling to figure out how to respond to the tariffs, with China and others retaliating quickly. Trump’s tariff blitz fulfilled a key campaign promise as he acted without Congress to redraw the rules of the international trading system. It was a move decades in the making for...

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