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Dow Reverses Sharply After Trump Tariff News Rocks Stock Market

An unexpected report on U.S. tariffs smacked the Dow off its record high above 29,000. The outlook for U.S.-China trade negotiations suddenly looks less clear on the eve of the “phase one” signing ceremony. A soft CPI release hints at a worrying trend in U.S. macro data. The Dow Jones shot to a record high…