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Trump Tariffs Kick In, S&P's Worst Day of the Year; US Pauses Ukraine Aid | 03/04/2025
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March 4, 2025
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43:40Now PlayingEquity futures hovered ahead of the market open after suffering their worst single day of the year at the start of the trading week. Bearish sentiment caused by President Trump's tariffs on Canada, China and Mexico coming into effect were exacerbated by retaliation. The US paused military aid to Ukraine ahead of the European Union proposing billions of euros of in loans for Pan-European Defense. Mark Haefele of UBS says the imposition of tariffs will hurt the US economy, if they're sustained. Stephanie Roth of Wolfe Research says the policy mix in America "can't get much worse at this point." “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
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