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Stocks tumble after Trump posts letters to 14 countries threatening new tariffs

Stocks tumbled Monday after President Trump threatened to impose new import taxes on more than a dozen countries. Trump pushed back the effective date of those tariffs, however, until Aug. 1.

Copyright 2025 NPR

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.

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