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Oil Prices Drop 7% To Four-Year Low As Tariff Fallout Sparks Recession Fears
Published -5891 seconds ago By ForbesTopline Oil prices sunk 7% to a four-year low Friday, amid concerns economic fallout of President Donald Trump’s wide-reaching tariffs could put a drag on demand. Key Facts Prices tumbled after China announced it would retaliate against the U.S. in a global trade war—imposing a 34% tariffs on U.S. goods, in line with Trump’s new […]
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