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Trump Tariffs and Trade Wars Leave Investors, Once Optimistic, Feeling Apprehensive

President Trump made a lot of promises on the campaign trail last year. Investors and business leaders enthusiastically cheered some, like lower taxes and relaxed regulation, and expressed wariness about others, like tariffs and reduced immigration. But when Mr. Trump won the election, there was little sign of that ambivalence: Stock prices soared, as did…

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Trump’s Tariffs on Steel and Aluminum Take Effect

President Trump’s sweeping tariffs on foreign steel and aluminum went into effect on Wednesday, inviting immediate retaliation from the European Union and escalating tensions with other trading partners reeling from his on-and-off approach to steep trade penalties. Mr. Trump’s tariffs of 25 percent hit metal imports from every country that sells steel and aluminum to…

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