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Markets extended their selloff Friday after China answered Trump’s April 2 tariff announcement with a 34% tariff on U.S. goods. The S&P 500 had its worst day since 2020, and the Dow fell about 2,231 points as investors priced in slower growth and higher recession risk.
Why it matters: Market meltdown
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Markets extended their selloff Friday after China answered Trump’s April 2 tariff announcement with a 34% tariff on U.S. goods. The S&P 500 had its worst day since 2020, and the Dow fell about 2,231 points as investors priced in slower growth and higher recession risk.
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Markets extended their selloff Friday after China answered Trump’s April 2 tariff announcement with a 34% tariff on U.S. goods. The S&P 500 had its worst day since 2020, and the Dow fell about 2,231 points as investors priced in slower growth and higher recession risk.
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