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China announced retaliatory 34% tariffs on U.S. imports on Friday morning, the same rate Trump announced on Wednesday the U.S. would place on Chinese imports.
From Washington Examiner
China will impose 125% tariffs on U.S. goods from Saturday, up from the 84% previously announced, the finance ministry said on Friday.
From Reuters
Global equities long/short hedge funds missed out on most of a massive rally in U.S. stocks on Wednesday triggered by U.S. President Donald Trump's announcement of a pause on some tariffs for 90 days.
From Reuters

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Dow Futures Sink 1,700 Points as Market Braces for Monday
Stock futures were plunging again Sunday evening ahead of the next tranche of President Donald Trump’s tariffs. Just after 6 p.m. EST on Sunday, Dow Jones Industrial Average futures were down more than 1,
Stock market sell-off continues with Dow down 1,000 points at opening
Stocks continued their plunge in the aftermath of President Donald Trump's tariff plans despite a strong jobs report Friday.
Stock market sinks again over tariffs: S&P 500 in bear market, Dow off 1,000. Live updates
U.S. stocks continued to struggle Monday after President Donald Trump and those in his administration doubled down on his aggressive tariff plan.
China hits back at Trump tariff hike, raises duties on US goods to 125%
Beijing on Friday increased its tariffs on U.S. imports to 125%, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods to 145%, raising the stakes in a trade war that threatens to up-end global supply chains.
US stocks skyrocket higher after Trump signals shift in trade policy
US stocks skyrocketed higher Wednesday after President Donald Trump announced that he authorized a 90-day pause on the “reciprocal” tariffs that went into effect at midnight, with the exception of China.
Trump limits tariffs on most nations for 90 days, raises taxes on Chinese imports
Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed off his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%
Hedge funds miss out on US equities rally but suffer smaller losses in volatile two days
Global equities long/short hedge funds missed out on most of Wednesday's massive rally in U.S. stocks, triggered by President Donald Trump's pause on some tariffs for 90 days, but managed to limit their losses during Thursday's sell-off.
Trump announces 90-day pause on ‘reciprocal’ tariffs with exception of China
President Donald Trump announced a complete pause on all the “reciprocal” tariffs that went into effect at midnight, with the exception of China.
US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war
The S&P 500 tumbled 3.5 percent, slicing into Wednesday’s surge of 9.5 percent following Trump’s decision to pause many of his tariffs worldwide.
Dow Jones Industrial Average trims recent gains as tariff tensions set in
The Dow Jones Industrial Average (DJIA) eased lower on Thursday, backsliding below the 40,000 handle as investors rethink this week’s record-setting surge after the Trump administration announced yet another last-minute pivot away from its own confusing tariffs.
Dow Jones opens lower, Nasdaq Composite, S&P500 rise ahead of Trump tariff deadline
Market volatility remained elevated, with the CBOE Volatility Index, often called Wall Street’s fear gauge, hovering around 23.
US open: Dow heads south as tariffs remain in focus
Major indices were in the red early on Tuesday as investors digested a report from the Washington Post that the White House was considering slapping 20% tariffs on most imports into the US.
CNBC Africa9d
Stock futures slip ahead of Trump tariffs
Stock futures slipped early Wednesday as Wall Street braced for the expected rollout of President Donald Trump’s tariffs. Futures tied to the S&P 500 lost 0.16%, while Nasdaq-100 futures were 0.15% lower.
Dow slips, S&P500 inches up, Nasdaq gains as markets eye Trump’s tariff decision
The White House confirmed Tuesday that President Donald Trump’s tariffs will take effect immediately once announced.
FXStreet10d
Dow Jones Industrial Average rebounds, but dark tariff clouds gather
The Dow Jones Industrial Average (DJIA) rebounded over 450 points ... and will also serve as a bellwether labor print for after the US administration’s tariffs come into place.
The Hill6d
Dow craters by 2,231 points as Trump tariffs stir stock sell-off
The Dow Jones Industrial Average closed with a loss of 2,231 ... according to data released Friday by the Labor Department, far better than the 135,000 jobs economists expected to see, according ...
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