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New York stocks dive on US tariff policy

Xinhua | Updated: 2025-03-04 05:08
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NEW YORK -- US stocks slumped on Monday afternoon as the United States is set to impose tariffs on imports from its major trading partners starting Tuesday.

The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all lost over 2 percent at one point in the afternoon session.

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