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World shares slid further Friday after U.S. President Donald Trump’s tariffs sent shudders through Wall Street at a level of shock unseen since the COVID-19 pandemic pummelled world markets in 2020.
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Taiwan’s government announced NT$88 billion ($2.7 billion) in aid on Friday to help local companies cope with the impact of new US tariffs.
Some traders looking to hedge risks in the high yield bond market, amid fears that an avalanche of Trump administration tariffs could push the US economy into recession, turned to options on exchange-traded funds on Thursday.
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