Tanking stocks and risk of global recession: What do you need to know about Trump's tariffs?

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US President Donald Trump delivers remarks on tariffs alongside a photo of Netanyahu against a backdrop of a stock market chart. (illustration) (photo credit: Canva via Getty Images/IncrediVFX, Getty Images/Chip Somodevilla, KENA BETANCUR)
Trump's announcement of a 10% baseline tariff on all trade partners, plus additional duties for many countries, has sent global markets spiraling.

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