US markets close lower due to Trump's tariffs
01 MIN 30 SEC
Reuters
New York, United States (July 7, 2025) - 2:45 PM
On Monday, Trump threatened to impose an additional 10 percent tariff on countries that align with the "anti-American policies" of the BRICS group, made up of Brazil, Russia, India, China, and South Africa. Credit: AFP
Wall Street's major indexes closed lower on Monday after President Donald Trump announced tough tariffs on Japan, South Korea and other trading partners.
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