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Markets Turn From Fear to Euphoria as Trump Backpedals on Tariffs

Markets

Alexandra Semenova, Bailey Lipschultz, Ye Xie, Jess Menton

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April 9, 2025

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Bloomberg

Five gut-wrenching days after Donald Trump’s America-versus-the-world trade war threw stock and bond markets around the world into disarray, he backpedaled and, in the process, pulled the financial system back from the brink.

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