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Wall Street plunges nearly 10% below record as Trump’s tariff escalation sparks market turmoil
Tuesday, 11 March 2025
US stock markets fell after President Trump announced higher tariffs on Canadian steel and aluminum. The Dow Jones dropped 625 points. Companies like Delta and Southwest Airlines revised their revenue forecasts due to uncertainty. Tesla's stock rose as Trump expressed support for the company. Major tech stocks showed stability despite the market turmoil.
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