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Tariff Terror Grips Stock Market: Media Shares Ensnared In Second Day Of Steep Declines – Update
As Donald Trump's tariffs showed increasing signs of sparking a multi-front trade war, U.S. stock markets fell sharply for a second straight day.
Stocks fell sharply again Friday as the world continues to react to U.S. President Donald Trump's sweeping new tariffs on major U.S. trade partners.Spencer Platt/Getty Images As Donald Trump ‘s tariffs showed increasing signs of escalating a trade war with China and perhaps several other nations, U.S. stock markets fell sharply for a second straight day. Individual shares of large companies were hammered to an unusual extent as investors reacted to sweeping and higher-than-expected tariffs. Losses weren’t quite as dire as on Thursday for media and tech stocks, but the morning still signaled a glum end to a turbulent week.
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