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Trump's New Tariffs Spark Stock Plunge, Yields Steady

7/9/2025

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Summary

Story summary

U.S. Treasury yields held steady as President Trump unveiled new tariffs on 14 nations, including Japan and South Korea, effective August 1. The 10-year yield stood at 4.39%, mirroring investor anxiety over inflation and economic stability. In response, stocks plummeted, with the Dow suffering a significant drop of 422 points amid tariff concerns.

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Story summary

U.S. Treasury yields held steady as President Trump unveiled new tariffs on 14 nations, including Japan and South Korea, effective August 1. The 10-year yield stood at 4.39%, mirroring investor anxiety over inflation and economic stability. In response, stocks plummeted, with the Dow suffering a significant drop of 422 points amid tariff concerns.