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Lutnick rebuffs CNN assessment that Trump’s tariffs will ‘weaken the dollar’

  • Trump enacted tariffs on U.S. Imports, leading to retaliatory measures from the EU and China, exacerbating a global trade war.
  • Shares of major companies fell significantly, with Apple dropping 9% and the Dow Jones Industrial Average decreasing by 3%.
  • Commerce Secretary Howard Lutnick stated that President Donald Trump will not change his approach to tariffs, reflecting a 'reordering of global trade.'
  • Economic analysts predict that prices may increase due to tariffs, causing concern among investors regarding the stock market's performance.
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indiandefensenews.in broke the news in on Thursday, April 3, 2025.
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