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On March 4, Donald Trump promised the U.S. Congress that he’d deliver the “greatest economy in history.” Right now, investors clearly disagree their doubts have triggered a market plunge so steep that analysts are calling it a “rout.” Losses on Monday, March 10, alone exceeded the annual GDP of France. Stock markets sank yet again on Tuesday amid fears the U.S. President’s trade war will lead to a recession. While Trump is now admitting his economic plan may inflict pain on Americans, he’s doubling down on some tariffs, as Owen Fairclough reports.
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