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US debt and renewed trade fears spook global markets
semafor.com/article/05/19/2025/us-debt-and-renewed-trade-fears-spook-global-markets
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Asian and European stocks fell, the dollar dropped, and US Treasury yields rose on concern over the global economy’s prospects after a downgrade of American debt and renewed tariff warnings from Washington.
Markets had enjoyed a reprieve after US President Donald Trump suspended…
This story appeared on semafor.com, 2025-05-19 10:09:52.