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Trump insists he won’t back down from global trade war as markets slump

On social media, the president said, ‘My policies will never change’, before suggesting possible change with Vietnam

US politics live – latest updates

Donald Trump doubled down on his decision to launch a global trade war, declaring that he would “never” back off from sweeping tariffs on US trading partners.

The US president’s announced action sent shock waves around the world this week, prompting fierce threats of retaliation and sharp sell-offs in stock markets.

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