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Australian share prices plummet $45bn after Trump recession fears tank US market

Donald Trump’s talk of tariffs and the unpredictability of a trade war is causing investor uncertainty in the ASX 200

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The Australian share market has plummeted, shedding more than $45bn after US markets tanked overnight on recession fears.

The benchmark S&P/ASX200 dropped more than 140 points, or about 1.79%, to 7820.1 after jumping off a cliff at the start of Tuesday’s session.

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