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WSJ Minute Briefing

Trump’s Tariff Announcement Drives Steepest Decline in U.S. Markets Since 2020

03 Apr 2025

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The stock market plunged as investors grappled with the threat that Trump’s new import tax plan will set off global retaliation and hurt economic growth. Plus, big tech companies lose hundreds of billions of dollars in value, while regulated utilities got a boost from the recession trade. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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