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March 11, 2025

U.S. Stocks Plummet as Trump's Trade War Takes Its Toll
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On Wall Street, U.S. stocks dropped sharply on Monday, erasing all of
their gains since Donald Trump's election. The slide came as China began
implementing retaliatory tariffs on U.S. meat and produce and as
Canada's Ontario province added a 25% surcharge to electricity exports,
affecting three states. Trump also triggered investor panic when he
twice refused to rule out a recession during an interview that aired
Sunday on Fox News.

Maria Bartiromo: "Are you expecting a recession this year?"

President Donald Trump: "I hate to predict things like that. There is a
period of transition, because what we're doing is very big."



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