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Trump’s first trade deal might be a ‘nothingburger’ but stock investors like the taste of it anyway

Summary by Fortune
The implication is that the baseline 10% tariff will likely stay in place globally but there can be industry-specific carve-outs. That’s good news for stocks.

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Bias Distribution

  • 40% of the sources lean Left, 40% of the sources lean Right
40% Right
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Bloomberg broke the news in United States on Thursday, May 8, 2025.
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