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Trump Tariffs Day 4: S&P 500 Closes Worst Week Since COVID, Tech Giants Bleed

  • Global stock markets are experiencing a significant decline following President Trump's announcement of retaliatory tariffs on all countries.
  • The S&P 500 closed with the worst week since the COVID crash, losing over 6%, and major tech giants like Microsoft, Apple, and Nvidia faced substantial losses.
  • China responded with a 34% import tax and accused the US of bullying and violating international trade rules.
  • Despite the market turmoil, Bitcoin remained relatively stable and showed a small decrease of 0.3% in the past week.

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