Trump's tariffs kick in, triggering more market carnage


BEIJING/WASHINGTON: resident Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared for negotiations with some nations.

Trump's punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and sent stock markets around the world reeling.

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