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Investors digest aftermath of Trump’s tariffs newsthirst.

U.S. Treasury yields continued to plummet on Friday, with 10-year Treasury yield falling well below 4%, after China retaliated against President Donald Trump’s aggressive “reciprocal tariff” policy rollout, causing investors to flood into bonds for safety on fears of a global recession. The 10-year Treasury yield dropped nearly 13 basis points to 3.92%, hitting its lowest level since…

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Europe’s banks battered as Trump tariffs put U.S. recession on the horizon newsthirst.

Reading, UK – JULY 5, 2021: British High Street Banks stopping account holders buying using or processing crypto related transactions as traditional banking industry declares war on crypto currencies Craig Hastings | Moment | Getty Images European banks have been battered in the wake of U.S. President Donald Trump’s sweeping and more-aggressive-than-anticipated tariffs. The European…

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China to impose 34% retaliatory tariff on all goods imported from the U.S. newsthirst.

China’s Finance Ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10, following duties imposed by U.S. President Donald Trump’s administration earlier this week. “China urges the United States to immediately cancel its unilateral tariff measures and resolve trade differences through consultation in an equal, respectful and…

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