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shuaizhi
@shuaizhi
U.S. markets dropped significantly yesterday, with the S&P 500 falling over 3% as investors grappled with ongoing uncertainty over President Trump’s tariffs, despite a temporary pause on the 10% "reciprocal tariffs" for most countries. China’s yuan has hit its lowest level since 2007, reflecting pressure from the U.S.’s 125% tariffs on Chinese goods. China has signaled openness to talks but remains firm on countering U.S. moves, raising fears of further economic fallout.
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